Mayor Edwin M. Lee today at the grand opening of the Rene Cazenave Apartments, highlighted the City's progress toward his ambitious housing goal of bringing 30,000 new and rehabilitated homes to the City by 2020, with at least one-third of those permanently affordable, and the majority within financial reach of the middle class. In the first quarter of 2014, 2,123 housing units opened to provide new homes to families in San Francisco, with 24 percent of those units permanently affordable to low-income households.
"We are making great progress toward our ambitious 2020 housing goals and our pledge to make San Francisco a City for the 100 percent," said Mayor Lee. "With more than 2,000 homes completed for residents in the first quarter of 2014, we are well ahead of our annual goal of completing 5,000 units a year. And by continuing to prioritize housing projects such as the Rene Cazenave Apartments, we are delivering on our pledge to help San Francisco families and residents from all levels of the economic spectrum call San Francisco home." Read more.