Attention Bay Area housing dreamers: the affordable housing gods have finally smiled upon us!

After what feels like an eternity in bureaucratic limbo, a game-changing 107-unit affordable apartment building is set to rise in the heart of Alamo Square. This isn’t just another housing project - it’s a middle finger to the city’s astronomical housing prices and a lifeline for those struggling to call San Francisco home.

Breaking Down the Bay Area Housing Hustle

The $101 million development at 650 Divisadero Street is about to transform a dusty old auto-body shop into a 10-story sanctuary for homeless families and low-income residents. With 27 units specifically earmarked for unhoused families, this project is serving up some serious social justice realness.

Who Gets to Live the Dream?

Let’s talk numbers: this building will welcome households earning up to 50% of San Francisco’s median income. Translation? If you’re making just under $55,000 as a solo dweller or under $80,000 for a family of four, you might just have a shot at landing a sweet spot in one of the city’s most coveted neighborhoods.

The Long Road to Housing Hope

Construction is slated to begin in late 2026, with move-ins projected for 2028. While that might sound like forever from now, in San Francisco real estate time, this is basically warp speed. Developers Jonathan Rose Companies and Young Community Developers are leading the charge, proving that affordable housing isn’t just a pipe dream.

No parking, plenty of bike spots, and community services? Sounds like peak San Francisco energy. Welcome to the future of urban living, folks.