Article Summary:

• Nonprofit housing developer HomeRise has received over $200 million in grants and loans from San Francisco.
• Despite the funding, HomeRise faces criticism for slow progress on building affordable housing.
• HomeRise promises to prioritize affordable housing in the future to address community concerns.

Closing Paragraph:

HomeRise, the nonprofit housing developer, may need to pick up the pace to match the speed of those grant dollars flowing in from San Francisco. Let’s hope they can rise to the occasion and create homes that truly make a difference in the community!

Original article: https://www.biggerpockets.com/blog/housing-nonprofits-accused-of-misusing-tax-funds-to-obstruct-affordable-housing-development