Habitat for Humanity Condominum – Daly City

Located in Daly City, and close to an array of public transit options, 7555 Mission is Habitat for Humanity of Daly City’s largest affordable, single-family housing development to date with 36 units, completed in 2013.

Investment

  • NMTC Amount: $10,330,844
  • Total Project Cost: $12,089,885

IMPACT

  • 2 FTE jobs
  • Construction of 36 affordable homes.

Investor

Team building effort as a group of people raise a wall on a new

Project Description

Located in Daly City, and close to an array of public transit options, 7555 Mission is Habitat for Humanity of Daly City’s largest affordable, single-family housing development to date with 36 units, completed in 2013. In fact, the 36-unit condominium in Daly City, just south of San Francisco, is one of the largest and most innovative built by the famed organization known for assembling volunteers to build single-family homes around the world.

Relying on 11,000 volunteers who collectively donated nearly 155,000 hours, the local organization created a high-density development that maximizes homeownership opportunities in one of the most expensive housing markets in the nation. Construction began in June 2010, with the first volunteers working on-site in February 2011 and the last volunteers putting the finishing touches on the homes at the end of March.

MAP

Address: 7555 Mission Street, Daly City, CA 94104

Census Tract: 6081601300

Other California Projects

NMTC financing supported the construction of 50 affordable homes for Habitat for Humanity, East Bay/Oakland. The project also provided housing counseling.
LIIF provided Launchpad Development Company with NMTC financing for the development for Rocketship Discovery Prep in San Jose, California.
NMTC financing for a scattered location group home project.

This was a renovation of a facility to house the early learning center. All of the 80 children will be served under the Head Start or Early Head Start programs.