The Post (booking.com image) |
The City of San Francisco will lease 151 rooms in two of these hotels, the Abigail and the Post, to get the homeless off the streets.
The city hopes the first occupants at both hotels will be able to move in by April. The Post will charge $1,300 a unit per month and the Abigail will charge $1,400. Residents will be expected to pay 30% of their income — whatever it may be — toward rent, with the city subsidizing the remainder.
The Abigail (Loopnet image) |
There's much to be hopeful about. If the room subsidy is, say, $800 per month or about $10,000 a year, that would still be much less than the City's $25,000-$36,000 annual expenditure per homeless person. (To be fair, job training, health care, etc. will make the costs higher than $10,000 per year per hotel resident.)
The oversight by motivated charities, not indifferent bureaucrats, has a good chance of identifying problems earlier. Also, the housing is available immediately, instead of waiting for the units to be built years from now.
The project risk is much lower than the cost of building shelters that turn in to white elephants, so give them props for trying.
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