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Low Cost, Tax-Exempt Financing Provided for the Rotary Miller Avenue Senior Apartments

The Rotary Miller Avenue Senior Housing Apartments is a new construction project of an 81-unit affordable senior apartment complex. The project is located on a City-owned site in downtown South San Francisco. Eighty of the units will be restricted to households with incomes at 50% or less of Area Median Income and one unit will be unrestricted to be used as a manager’s unit. The project will commit 20% of the units to be set aside for seniors with disabilities. Community amenities include a central laundry room, an exercise room and a lounge with access to outdoor terrace space with heaters. The project will also provide van service, free wireless broadband access and laptops will be available for checkout. The goal of the design team is to balance the uses of the project that facilitates four main components: affordable senior housing, non-profit office use, flexible community space with activation of the street front. This financing will create a much needed 80 units of affordable senior housing for the City of South San Francisco for the next 55 years.

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