Investing

New Office and Residential Tower Planned in San Francisco

A new office and residential tower is all set to grace the skyline of downtown San Francisco. The 54-story high rise will be located on a parcel just next to Transbay Terminal and will be developed by famous construction firm, Jay Paul Company. Construction on the project will begin almost immediately and the total project cost will be around $375 million.

San Francisco Housing Authority to Run Out of Cash by May: Reports

The San Francisco Housing Authority, which is responsible for providing homes for 41,500 low-income residents, is projected to run out of cash in two months and have a deficit of $6.4 million by the end of its fiscal year in September, according to reports.

Section 8 Housing Does Not De-Value Neighborhood, Increase Crime: Study Says

Communities where some renters use housing choice vouchers, or Section 8 vouchers as they're more commonly known as, have worried fellow residents that it may result in a crime spurt and drop the property values. However, a new study debunks that myth.