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Approval of Housing Development Agreement - Ocean Avenue Housing Project

  • When: 2024/12/10
  • Address: 850 Ocean Avenue, San Francisco, CA
  • City: San Francisco
  • State: California
  • Category: Project Amendments
  • Asset Class: Multifamily
  • Property Type: Workforce Housing
  • Size: 200 residential units with community amenities

The Board of Supervisors approved an amended housing development agreement for the Ocean Avenue Housing Project. The amendment increases the number of workforce housing units and enhances community amenities, including public green spaces and transit-oriented designs. This project aligns with citywide sustainability and housing goals.

Why it Matters

The project delivers critical workforce housing and promotes equitable urban development, enhancing the livability of the Ocean Avenue corridor.

Source

Applicant - Ocean Avenue Development LLC


Ownership - Ocean Avenue Development LLC


Allowed Uses: Workforce housing and community amenities.