Ver Haile Senior Housing Grand Opening

San Francisco, California Wednesday, March 18, 2015 11:00 a.m. – 1:00 p.m. A brief program at 11:30 will be followed by property tours and a buffet luncheon 129 Golden Gate Avenue, San Francisco, CA 94102 Mercy Housing Affordable & Low Income Housing Services Mercy Housing and St. Anthony Foundation jointly redeveloped 121 - 129 Golden Gate Avenue, resulting in a ten-story building that includes Mercy Housing’s 90 units of affordable housing in the new Vera Haile Senior Housing (floors three through ten) and the rebuilt St. Anthony’s Dining Room, new social work center and clothing program (basement through second floors). Vera Haile Senior Housing is named after the long-time San Francisco civic leader and spokesperson on elder economic security, Vera Haile (1934 - 2014). Vera spent her career and retirement years promoting the independence and dignity of elders and empowering individuals through comprehensive, multicultural services. For example, while with North of Market Senior Services—now referred to as Curry Senior Services—Vera pioneered the development of numerous innovative neighborhood-based programs. Developed by Mercy Housing California, Vera Haile Senior Housing is targeted to very low income persons 62 years or older, and is comprised of: • Forty-three studios • Forty-six one-bedroom apartments • One two-bedroom management unit apartment Financing and Community Partners This project represents the culmination of Mercy Housing and St. Anthony’s jointly developing this mixed-use building. St. Anthony Foundation selected Mercy Housing as partner/joint developer when they embarked on the redevelopment of St. Anthony’s Dining Room. Mercy Housing’s Vera Haile Senior Housing was financed utilizing the U.S. Department of HUD’s Section 202 program for Housing the Elderly, Low Income Housing Tax Credits, Federal Home Loan Bank AHP and City of San Francisco Mayor’s Office of Housing and Community Development funds, Citibank Community Development, National Equity Fund, California Tax Credit Allocation Committee and California Debt Limit Allocation Committee. HUD and funding from the City’s Department of Public Health allow residents to pay just 30% of their income for rent and utilities, and eighteen units to serve formerly homeless seniors. St. Anthony Foundation’s Dining Room and Social Work Center, which are separately owned, were developed by St. Anthony Foundation with financing through New Markets Tax Credits and Private Donations. Green Features The project includes storm water reclamation; energy efficient lighting and paving; efficient irrigation and drought-tolerant landscaping; solar hot water pre-heat; low VOC paints, sealants, finishes and flooring. It also is in close proximity to transit and neighborhood amenities.