SAN FRANCISCO—Last week, Mayor Edwin Lee attended the grandopening of the Rene Cazenave Apartments. At the event, hehighlighted the City's process toward his housing goal of bringing30,000 new and rehabilitated homes to the City by 2020.

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

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He added that by continuing to prioritize housing projects suchas the Rene Cazenave Apartments, “we are delivering on our pledgeto help San Francisco families and residents from all levels of theeconomic spectrum call San Francisco home.”
In the first three months of 2014, 1,870 new housing units receivedoccupancy permits from the Department of Building Inspection, with205 of those units provided as permanently affordable units throughour Inclusionary Housing Program, according to MayorLee. Another 253 affordable units—at 474 Natoma, 1075 LeConte,and in the Rene Cazenave Apartments—received completion permitsjust before the close of 2013, and opened their doors to welcomenew residents in early 2014.

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“A grand total of 2,123 housing units opened to provide newhomes to families in San Francisco, with 24% of those unitspermanently affordable to low-income households…It is estimatedthat by May 2014, more new units will have been completed thanarrived in all of 2013.”
Rene Cazenave Apartments opened 120 units of supportive housing inthe Transbay Redevelopment Project to formerly homelessindividuals. It was developed in cooperation between CommunityHousing Partnership and BRIDGE Housing. Funding was provided by theOffice of Community Investment and Infrastructure, the successor tothe San Francisco Redevelopment Agency. The Rene CazenaveApartments are the first units and first affordable units completedunder the TransBay Redevelopment Plan, which requires 35% of allunits be affordable.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.