The largest affordable housing community, called Five 88, has been completed in Mission Bay.
The rising cost of housing has been a big problem for the workforce and for families in San Francisco which means the demand for affordable lodging is immense. As the largest 100% affordable housing development in the city in more than 10 years, the Five 88 will be a positive start to support San Francisco residents. The community is located at 588 Mission Bay Blvd. North, and offers 198 one- and two-bedroom apartments for residents who earn around half the median income and have a high demand for stable affordable housing. The rent range will be from $1000 to around $1500 for one unit, and the management team has received more than 4,000 applications.
Read more: Bisnow Bay Area San Francisco Opens Its Largest Affordable Housing Development in Mission Bay