Here, we dig into affordable multi-family rental projects in San Francisco, California.

San Francisco — more broadly, the Bay Area too — has long been one of the most expensive housing markets not only in the United States, but also in the world at large. Because of San Francisco’s high cost of living, it makes sense, then, to look into the city’s planned affordable housing construction projects. In doing so, we’re not only highlighting future, cheaper housing options for everyday people, but we’re also engaging a specific construction and property type with a similarly specific need for certain FF&E materials, building materials, maintenance, and numerous other services, both during construction and afterward.

Here are some insights into San Francisco’s affordable multi-family rental market:

MultiFamilyData from BuildCentral is tracking over $10 billion in planned and current affordable multi-family rental projects added or updated within the last 90 days in San Francisco alone. When we zoom out to a national perspective, we see that MultiFamilyData is currently keeping tabs on over $150 billion in planned and current multi-family residential projects with affordable rental options. That’s a huge number, and the usual suspects like San Francisco, LA, Chicago, New York, and Boston are leading the pack. Here’s our summary of national affordable multi-family construction activity:

San Francisco’s Notable Affordable Multi-Family Rental Projects

The affordable multi-family rental projects in San Francisco are listed according to estimated project value, and while some projects are still in their planning stages, others are already under construction, as noted in each project report. Here, we’re highlighting a range of projects with regard to construction stages, construction types, values, building types, sectors and more. All projects have been added or updated in BuildCentral’s MultiFamilyData within the last 90 days, as of 3.22.22.

600 7th Street Mixed-Use Building

5th and Howard (921 Howard)

1979 Mission Affordable Apartments

Balboa Park Upper Yard

Keep in mind that there’s more where these project reports came from! We’ve already looked into affordable multi-family rental projects in Chicago, and will continue to add to that list for many of the country’s major cities.

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