The Challenge

Housing unaffordability is a direct threat to maintaining the diversity and prosperity of the City of San Francisco. Average rent for a one-bedroom apartment is $3,200. Housing is unaffordable for 73% of San Francisco residents.

Our Response

The SFHAF invests in the preservation and expansion of quality affordable housing and community facilities for the economically disadvantaged households, individuals and communities of San Francisco.

In one year, the SFHAF has invested $33 million and raised $46 million to benefit xx families in San Francisco.

39

units of existing housing preserved

75%

properties in neighborhoods at high-risk of displacement

90

residents enabled to stay in their homes

27

high displacement risk households preserved

Learn more about our impact here.

Invest with the SFHAF

Our tiered capital structure enables us to provide critical capital to affordable housing developers in San Francisco.

 

Senior Debt

Loans from commercial banks

 

MEZZANINE DEBT

Low-Interest Loans from Mission-Motivated Sources

 

SUBORDINATE DEBT

0% Interest Loan from the City

 

GRANTS/ EQUITY/RETAINED EARNINGS

Expands Fund's Operating Base


SFHAF’s senior secured revolving facility finances between 65-80% of the Fund’s loans.

 
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SFHAF raises senior, unsecured term capital to diversify and expand capital available for lending from its balance sheet.

 
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SFHAF’s low-cost, long-term mezzanine debt increases the Fund’s leverage, expands its balance sheet, and further engages additional senior capital providers.

 
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The City of San Francisco’s $10 million, long-term subordinate loan to the Fund, as well as the several philanthropic start-up grants the Fund has received, have helped to fund its operations while growing its programs and impact.

 

Lead Start-Up Capital Investor:

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Interested in learning more? Contact invest@sfhaf.org. Or download our Investor Deck and  Impact Report.