Article: United States: SAN FRANCISCO AWARDED $96 MILLION IN HOUSING DEVELOPMENTS GRANT.

Byline: shiv03

Mayor Gavin Newsom today announced that the California Department of Housing and Community Development has awarded over $96 million in funds to housing developments in San Francisco seeking to start construction.

Awards were from two State programs created through the 2006 passage of Proposition 1C; the Transit Oriented Development and Infill Infrastructure Grant programs.

This funding is a critical piece of San Francisco s economic stimulus efforts these developments will get people back to work quickly on projects that will make San Francisco a more environmentally and economically sustainable city, said Mayor Newsom.

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