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Hey, the Feds Still Give Out Loans

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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]