The project is substantially ready to pull building permits. Housing staff is working with Resources for Community Development (RCD) and the other project lenders and investors to close escrow on the project’s construction financing. Financing is anticipated to close by March 21st. RCD plans to start construction of this 57-unit multifamily housing development in April.
 
RCD will be holding a groundbreaking ceremony on the afternoon of April 22nd from 4:30 to 6:00pm. Mayor Janet Abelson and Supervisor John Gioia are scheduled to speak at the event. Staff will be coordinating with RCD, who is organizing and conducting outreach for the event.