According to the Mayor, this is u201cone of the most ambitious, nationally-recognized public housing revitalization initiatives.u201d

(Save the date: RealShare Apartments East comes to the Hyatt Regency Miami, Florida on February 26th, 2013)

SAN FRANCISCO-Mayor Edwin M. Lee and Supervisor Malia Cohen just recently celebrated the completion of phase one of the HOPE SF Hunters View public housing project, the first of five public housing sites slated to be redeveloped as part of the City’s HOPE SF initiative. The Mayor welcomed 25 San Francisco families—14 former Hunters View public housing families and 11 new families—to their new homes.

According to the Mayor, this is “one of the most ambitious, nationally-recognized public housing revitalization initiatives. We are delivering on a promise to the residents of San Francisco’s public housing.”

Mayor Lee explains that “By rebuilding Hunters View and other sites like it, we are providing hope to families and transforming communities at the same time. Five years ago under the leadership of Mayor Gavin Newsom, San Francisco made a bold step by launching the HOPE SF initiative that is revitalizing our City’s most distressed public housing sites.”
Hunters View is a 256-unit public housing development that is being transformed into a mixed-income community of up to 750 units in the Bayview Hunters Point neighborhood. The construction team includes John Stewart Co., Devine and Gong and Ridgepoint Non-Profit Housing Corp., which began construction of Hunters View in 2005.

Hunters View as a part of the City’s HOPE SF initiative is the first of five public housing sites slated to be redeveloped. Launched in 2006, HOPE SF is the City’s innovative initiative to revitalize the City’s most distressed public housing sites into mixed-income communities without displacing existing residents and while providing residents with services that will allow them to thrive in the transformed communities, according to a prepared statement.

HOPE SF initiative was born out of a need to address the ongoing deterioration of San Francisco’s public housing in the light of diminishing Federal assistance, according to the statement.

The City has committed $95 million to HOPE SF. The five HOPE SF sites are Hunters View, Alice Griffith, Sunnydale, Potrero Terrace and Annex and Westside Courts.

Check back later today for more about this initiative.