Teacher's housing at derelict 18th St. building delayed for insufficient funding

The delay of 63 condos for teachers at 18th and Mission streets was confirmed due to inadequate funding. The nonprofit developer, Mission Economic Development Agency, failed to secure additional financing through the New Market Tax Credits program.

The delay timeframe for the housing project remains uncertain as an alternative funding source is sought, leaving the units in limbo. These condos are part of an initiative to provide affordable housing for teachers in San Francisco.

Read at Mission Local