Hey, the Feds Still Give Out Loans

Friday, October 16, 2009, by Andy J. Wang

Local developer Martin Building Group cares not for the sour economy, but is doing its darndest to work around it anyway. Their 180-unit Dogpatch project at 2235 3rd St. just landed a $1.675 mil state and federal loan to clean up lead at the site, while 178 Townsend, slated for 94 apartments, is getting $1.25 million to do the same. Back in April, Martin was reported to have been applying for a little-used federal loan meant for multifamily urban infill. [SF Examiner, previously]