
"San Francisco city departments, citing a difficult funding climate, have decided to again stall a planned 85-unit affordable housing project at 101 Hyde St. despite its location in the city's poorest neighborhood."
"The building's history - and the recent decision by the Mayor's Office of Housing and Community Development to postpone housing - offers a window into how an old post office, acquired by the city from a developer for the purpose of affordable housing, went from a place full of promise to a shuttered site with limited public access."
"Anne Stanley, the spokesperson for the mayor's housing office, blamed the plan to stall housing at 101 Hyde on the state's designation of the Tenderloin as a low-resourced area, which puts it down on the priority list for state funding."
A large gray building at Golden Gate Avenue and Hyde Street features a mural but displays closed blinds and locked doorways reading "Closed to the Public." City departments have decided to stall a planned 85-unit affordable housing project at 101 Hyde St. and will award a five-year extension on a lease for La Cocina's incubator kitchen through 2031. The site was promised housing since 2015 after acquisition from a developer. Shorenstein Properties sold the site to the city while advancing a nearby 304-unit market-rate development. City officials cite a difficult funding climate and the Tenderloin's low-resourced designation for deprioritization.
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