Watch CBS News

San Francisco Gets Grant To Develop Housing Near Workplaces

SAN FRANCISCO (KCBS) -- The San Francisco Bay Area has received a $5 million dollar grant from the federal Department of Housing and Urban Development (HUD) to develop ways to efficiently connect jobs to the places where people live.

u.s. House Minority Leader Nancy Pelosi joined other officials Monday afternoon at the Richardson Apartments in San Francisco's Hayes Valley. The new supportive development houses 120 formerly homeless people.

"It's about sustainable communities and isn't this just the perfect example?" she said. "Location near transit with no parking needed."


KCBS' Barbara Taylor Reports:

Director Office of Field Policy and Management Patricia Hoban-Moore noted that it's important to plan on a regional basis.

"It is estimated that people in this metropolitan area are spending 52 cents of every dollar on housing and transit," she said. "So it's important that people understand we need to connect housing and work."

The grant money will be used to develop growth strategies to help move people closer to where they work.

(© 2011 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.