The Anti-Displacement Preservation Program

The vast majority of San Francisco’s existing rent-stabilized housing is in small, multifamily buildings. One of the City’s key housing strategies is preserving small buildings to prevent resident displacement; through preservation, vulnerable residents are effectively protected from eviction and abuse. The key to success for preservation is simple: flexible and patient acquisition and construction capital to reposition the buildings, including rehabilitation, rent reorganization, and transitioning to long-term regulatory agreements.

Since its launch in April 2017, SFHAF has executed eight preservation loans, highlighted below, focused on protecting vulnerable low-income tenants from displacement across San Francisco:


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4830 Mission St

Closing Date: July 25, 2018
Sponsor: MEDA 
Total Loan Amount: $13,248,000

Impact: 21 residential units + six commercial


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937 Clay St

Closing Date: July 16, 2018
Sponsor: CCDC 
Total Loan Amount: $11,540,00

Impact: 21 residential units + six commercial


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654 Capp Street

 Closing Date: May 30, 2018
 Sponsor: MEDA 
 Total Loan Amount: $3,577,800  

 Impact: 7 units at average 61% AMI


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65-69 Woodward Street

Closing Date: February 22, 2018
Sponsor: MEDA 
Total Loan Amount: $3,047,708

Impact: 6 residential units 


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2093 Mission Street

Closing Date: January 4, 2018
Sponsor: MEDA 
Total Loan Amount: $8,841,800

Impact: 16 total units: 11 mixed-income residential + 5 commercial


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60 28th Street

Closing Date: December 4, 2017
Sponsor: MEDA 
Total Loan Amount: $2,941,844  

Impact: 6 mixed-income residential units at 65% AMI


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305 San Carlos

Closing Date: October 31, 2017
Sponsor: MEDA 
Total Loan Amount: $5,726,568     

Impact: 10 residential + 2 commercial + 2 ADU at 60-65% AMI


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1411 Florida

 Closing Date: May 24, 2017
 Sponsor: MEDA 
 Total Loan Amount: $3,510,000  

 Impact: 7 units at average 80% AMI