National Equity Fund

1064 Mission Street Permanent Supportive Hsg

San Francisco, CA

Jobs Created: 77
Jobs Year One: 314

Completed in Fall 2022, 1064 Mission Street is now San Francisco’s largest permanent supportive housing community. With 256 new affordable homes, residents can experience a service-enriched community in the middle of San Francisco’s SoMa neighborhood. Mercy Housing California (MHC) and Episcopal Community Services of San Francisco (ECS) worked together closely on the development of 1064 Mission Street to play a small, but vital part in the battle to end homelessness.

While new, affordable homes were crucial to the development, co-developers and City of San Francisco partners also placed a large focus was placed on providing critical services to enhance the lives of people who have experienced homelessness, an issue that runs rampant in one of the nation’s most expensive cities. The focus on tailored services resulted in the creation of the new Maria X. Martinez Health Resource Center, operated by the San Francisco Department of Public Health (DPH) and the Department of Homelessness and Supportive Housing. On-site clinical, case management, and in-home care services are also provided by ECS, St. Anthony Foundation, and Homebridge.

1064 Mission Street is a 2023 AHF Readers’ Choice Finalist in the Urban category.

Project Details:

Population Served:
Special Needs
Total Units:
Mix of Residences:
Studio (256),1 Bedroom (2)
Net Equity:
Credit Type:
Total Project Costs:
Mercy Housing California
Property Manager:
Caritas Management Corporation
Herman Coliver Locus Architecture
General Contractor:
Cahill Contractors, Inc. (San Franciso Office)

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Seasons at Compton - BOACHIF V 2010 - Secondary 2015

Seasons at Compton - BOACHIF V 2010 - Secondary 2015

Compton, CA

SEASONS at Compton, winner of the National Association of Home Builders award for best senior special-needs property, is an 84-unit new construction development for the elderly with 32 units set aside for developmentally disabled individuals or families. It consists of 11 residential buildings ranging from two to four stories with a 3,495-square-foot community center that includes a social service office. There are 68 one-bedroom residences and 16 two-bedrooms with balconies.


Designed by Nardi & Associates of Monrovia, California, the buildings were constructed in two clusters each encircling an elevator and connected by a network of catwalks. The tallest buildings, which are located next to the 710 Freeway, act as a sound barrier minimizing noise for the rest of the community. The development includes a landscaped courtyard with a fountain and is designed to maximize shade and breeze. Structures have stucco exteriors with faux redwood accents and flat roofs with slanting parapets. The development received LEED Silver certification for its sustainable, energy-efficient construction.


SEASONS at Compton is sponsored by LINC Housing, a nonprofit based in Long Beach, California, one of the 25 largest developers of affordable housing in the country as of 2011. The $10.3 million of LIHTC equity National Equity Fund, Inc. contributed to the project is its first investment with LINC Housing.

Freedom Village at West Windsor

Freedom Village at West Windsor

Princeton, NJ

In 2020, Freedom Village at West Windsor opened in Princeton, New Jersey as a beautiful 72-unit affordable housing community that supports residents with disabilities. This development provides homes for moderate income families and individuals who earn between 50-80 percent of the Area Median Income (AMI).  

About 45 percent of residents in the community live with developmental and mental health disabilities, and 18 apartments are set aside for individuals in need. Specifically, 10 units are reserved for residents who are currently receiving services for developmental disabilities through their individual providers. Rents for these set-aside units are all paid for by the New Jersey Division of Developmental Disabilities while rent for eight units reserved for mental health consumers receiving agency services are paid for by the New Jersey Division of Mental Health and Addiction Services. The remaining 54 units are available for individuals and families without disabilities. While showcasing their mission, Project Freedom provides a 100 percent barrier free convenience with accessible wheelchairs and social service providers.  

Freedom Village at Windsor brings together neighborhoods through easy access to transportation, high-quality education and job opportunities in the surrounding areas. The developer worked to meet LEED Silver equivalent efficiency, minimizing water usage while creating healthy and efficient cost-saving buildings and minimal usage of heating and cooling sources.  

With Project Freedom as the developer, NEF invested over $13.2 million in LIHTC equity. 

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