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Newly Passed Prop C Boosts 55 Laguna Housing Project

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[All renderings via SF Planning - PDF alert] After years of neighborhood appeals and funding problems, the proposed senior housing project at 55 Laguna has received key city backing. A newly created city housing fund will inject more than $6 million into the project designed to provide housing for LGBT seniors.

It was just last month that San Francisco voters went to the polls and approved Proposition C, an initiative designed to help subsidize low- and moderate-income housing projects. Approved by a 2-1 margin, Prop C resulted in the creation of the new Housing Trust Fund, coffers filled with $20 million in surplus from the city's general fund.

Now, a third of that money will now go to the 55 Laguna Project, a planned housing project for LGBT seniors. On Friday, the Mayor's office announced that $6.1 million will go to the two nonprofits behind the project, Mercy Housing and Openhouse. Down the road, the city's financing will also help the project secure federal funding and tax credit assistance.

The 55 Laguna project, which will redevelop the old UC Berkeley extension campus, will provide 110 units of housing for LGBT seniors, who advocates say face discrimination in senior housing and often lack adult children to help care for them. - Kyle Mizokami
· 55 Laguna LGBT Housing Project Gets Funding [haighteration]
· Planning Commission Approves LGBT Senior Housing Plan [SF Appeal]
· 55 Laguna archives [Curbed SF]

55 Laguna

55 Laguna Street, San Francisco, CA