Mayor Sees Housing Progress

SAN FRANCISCO—Last week, Mayor Edwin Lee attended the grand opening of the Rene Cazenave Apartments. At the event, he highlighted the City’s process toward his housing goal of bringing 30,000 new and rehabilitated homes to the City by 2020.

At least one-third of those homes will be permanently affordable, he explained, and the majority within financial reach of the middle class. “In the first quarter of 2014, 2,123 housing units opened to provide new homes to families in San Francisco, with 24% of those units permanently affordable to low-income households,” he explained. “We are making great progress toward our ambitious 2020 housing goals and our pledge to make San Francisco a City for the 100%,” said Mayor Lee. “With more than 2,000 homes completed for residents in the first quarter of 2014, we are well ahead of our annual goal of completing 5,000 units a year.”