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by\u00a0OSCAR PALMA<\/a><\/strong> FEBRUARY 25, 2025 (MissionLocal.org)<\/p>\n\n\n\n![\"A](\"https:\/\/newspack-missionlocal.s3.amazonaws.com\/mission\/wp-content\/uploads\/2024\/06\/2205missionst.jpg\")
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Help grow our newsroom<\/strong>, joining the hundreds of San Franciscans who support us by giving below.<\/p>\n\n\n\n Donate today!<\/a><\/p>\n\n\n\n Since 2017, the Mission Economic Development Agency (MEDA) has been trying to build affordable housing at 2205 Mission St.<\/a>, on the corner of 18th and Mission streets. If all goes well, according to MEDA, construction of 63 apartments designated for teachers<\/a> could start by the end of the year.<\/p>\n\n\n\n If President Donald Trump successfully freezes millions of dollars in federal funds, though, the timeline could be longer.<\/p>\n\n\n\n The building on the site was most recently a 99 cent store, and has been a vacant eyesore for years. The facade is an example of Streamline Moderne<\/a> design, but has fallen on hard times; earlier renderings of the proposed building featured a reconstruction of the original design, but that hasn\u2019t survived more recent iterations.<\/p>\n\n\n\n MEDA bought<\/a> the lot in 2017 from a former<\/a> Facebook executive who owned several buildings in the Mission District.<\/p>\n\n\n\n Want the latest on the Mission and San Francisco? Sign up for our free daily newsletter<\/strong> below.Sign up<\/p>\n\n\n\n At the time, MEDA hoped to create a mix of commercial space and below-market-rate condos, with Dance Mission and a Head Start program on the first two floors and an additional six floors of housing above. <\/p>\n\n\n\n In summer 2023, MEDA finally secured the $12 million<\/a> it needed to build the project via funds raised by Proposition I<\/a> and dispersed by the Mayor\u2019s Office of Housing and Community Development. All of the apartments were meant to house those earning between 40 to 140 percent of area median income<\/a>, which was then between $40,350 and $141,200 for individuals, and between $57,650 and $201,750 for a family of four.<\/p>\n\n\n\n MEDA was hoping to get the remaining funding through the New Market Tax Credits program, a federal financing tool for affordable housing through the Department of the Treasury, but then the area median income in the Mission District changed<\/a> and made its project ineligible<\/a>. MEDA then changed tactics and applied for $15 million in funds from the Environmental Protection Agency in November, via the EPA\u2019s Community Change Grant, a $2 billion investment made possible by Congress in 2022 through the Inflation Reduction Act<\/a>.<\/p>\n\n\n\n MEDA is expecting a decision in the spring. If the funding comes through, construction on the nine-story project could start between the last quarter of 2025 and the first quarter of 2026.<\/p>\n\n\n\n In a statement, through its Region 9 spokesperson, the EPA said funds are now available.<\/p>\n\n\n\n \u201cEPA worked expeditiously to enable payment accounts for Infrastructure Investment and Jobs Act (also known as the Bipartisan Infrastructure Law) and Inflation Reduction Act grant recipients, so funding is now accessible to all recipients,\u201d read the statement.<\/p>\n\n\n\n Warren Ritter, associate director of housing development and production at MEDA, called the statement \u201ca good indication.\u201d<\/p>\n\n\n\n \u201cIf awarded, we will work with the EPA to get the funds disbursed to the project as quickly as possible,\u201d he added, while still expressing \u201cconcern\u201d about federal funding: President Trump tried<\/a> to block millions in grants managed by the EPA last month, after all, even though the funds were already approved by Congress. His move was blocked<\/a> by two federal judges.<\/p>\n\n\n\n If the funding still doesn\u2019t come through, MEDA is working with city agencies on a Plan B, Ritter said. <\/p>\n\n\n\n Anne Stanley, the communications manager at the Mayor\u2019s Office of Housing, said MEDA could start applying for other sources of money as early as summer. \u201cOur staff is working closely with MEDA to aggressively target funds to close this deal if they are unsuccessful in the last funding round.\u201d<\/p>\n\n\n\n District 9 Supervisor Jackie Fielder, for her part, called on the city to find alternative ways to fund the project.<\/p>\n\n\n\n \u201cThere\u2019s such a strong need for affordable housing, and yet no political will among elected leaders to tax the wealthiest to fund it. I look forward to continuing to support MEDA with trying to move this critical project forward,\u201d said Fielder.<\/p>\n\n\n\n We’re a small, independent, nonprofit newsroom<\/strong> that works hard to bring you news you can’t get elsewhere.<\/p>\n\n\n\n <\/a><\/p>\n\n\n\n oscar.palma@missionlocal.com<\/a><\/p>\n\n\n\n Oscar is a reporter with interest in environmental and community journalism, and how these may intersect. Some of his personal interests are bicycles, film, and both Latin American literature and punk. Oscar’s work has previously appeared in KQED, The Frisc, El Tecolote, and Golden Gate Xpress.More by Oscar Palma<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Federal dollars for site are available, provided President Donald Trump\u2019s move to block funding is unsuccessful by\u00a0OSCAR PALMA FEBRUARY 25, 2025 (MissionLocal.org) Read Mission Local often? Help grow our newsroom, joining the hundreds of San Franciscans who support us by giving below. Donate today! Since 2017, the Mission Economic Development Agency… Continue reading ![\"Mission](\"https:\/\/newspack-missionlocal.s3.amazonaws.com\/mission\/wp-content\/uploads\/2024\/03\/mission-local-logo-300x300.jpg\"){kind=logo}
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