Report: Public Housing in SF Needs Private Investment

To rebuild public housing, you need private dollars, a report suggests

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    NEWSLETTERS

    Peyton Chung
    Valencia Gardens, in San Francisco, was rebuilt using a public-private partnership.

    To ensure public housing can continue in San Francisco, there's a need for private dollars.

    Public-private partnerships will be required to rebuild some of the 6,054 units of public housing in San Francisco, according to the San Francisco Examiner.

    A city administrator's report in San Francisco suggests that Mayor Ed Lee should begin reviewing the physical state of all the SF Housing Authority's 48 properties, and determine which of the 2,000 units can be rebuilt or refurbished using partnerships.

    The Housing Authority has fallen on hard times, but some of it is self-inflicted.

    The federally-funded agency has seen its budget steadily reduced over the years, but is also missing out on money by not hiring simple workers like maintenance mechanics, the newspaper reported.