Board OKs $14.3M Loan for 2550 Irving St. Project

By Thomas K. Pendergast : sfrichmondreview – excerpt

With a unanimous vote the San Francisco Board of Supervisors recently approved a $14.3 million loan agreement to help replace the Police Credit Union building on Irving Street between 26th and 27th avenues, with 100 units of “affordable” housing reserved primarily for previously homeless and low-income families in a seven-story building.

“This is a historic moment to be considering funding for site acquisition for the Sunset’s first 100% affordable housing development for low and moderate-income families,” District 4 Supervisor Gordon Mar told the Board at a meeting on July 27. “The need for affordable housing is so often overlooked and ignored in the Sunset and this development is one very important step to address the urgent needs of residents priced out of our neighborhood.”…

Mar acknowledged that the project is contentious…

“Imagine a day in the life of a hundred families and what their needs are and what they do every day,” said local architect Thomas Soper. “(Affordable housing for families) is by far the most activity-generating type of affordable housing that you can ever build…. Over-concentration is the word that professionals should be applying here but politicians don’t understand that. They have a mandate…

“The scale of the building is way out of line from where it should be,” said Robert Ho, who owns a four-unit building in the area. “The City is making a mistake getting back into the large-scale, low-income housing type of development that they’d gotten away from or stopped doing…. I think it’s a mistake to build such a large building on Irving Street.”

Ho said he grew up in Chinatown public housing.

“Where a person grows up, especially a young person, influences their self-esteem,” he said. “Living in such a large-scale building, it’s something that a young person is aware of very early, that this is not where we want to live. We’re living in this out of necessity, not because we want to. It’s a constant reminder for young people that ‘our family is poor.’”…(more)