San Francisco County officials have taken a significant step towards addressing homelessness by approving a resolution to purchase a property at 888 Post Street for $29 million. This acquisition is intended to enhance the city’s efforts in providing supportive housing, particularly for transitional-aged youth.
During a recent government meeting, the Department of Homelessness and Supportive Housing (HSH) presented the proposal, highlighting the property’s potential as the city’s first navigation center dedicated to this vulnerable demographic. The center will have a capacity of 75 beds, currently operating at a reduced capacity due to COVID-19 protocols. The purchase is expected to be funded through $30.1 million in geo bond funding anticipated to be sold in August.
The resolution, which received unanimous support, allows the director of property to finalize the purchase agreement and make necessary modifications. This move follows a series of prior approvals dating back to 2019, when the Board of Supervisors first urged the city to consider acquiring the property. The navigation center has been operational since February 2021, providing essential services to youth experiencing homelessness.
Community members were invited to comment on the resolution, although no public calls were received during the meeting. One committee member expressed enthusiasm for the project and emphasized the need for similar facilities in other neighborhoods, particularly in Haight Ashbury, where such services are also critically needed.
The meeting also touched on the financial implications of the purchase, noting that the transaction would be exempt from certain property transfer taxes, potentially saving the seller nearly $2 million. This exemption is part of a broader initiative to encourage property owners to sell to the city for affordable housing purposes.
As San Francisco continues to grapple with homelessness, this property acquisition marks a proactive step towards expanding resources and support for young individuals in need, aligning with the city’s ongoing commitment to addressing housing challenges.