Groups Flee San Francisco Nonprofit Hub as Rents Climb

The number of charities headquartered in San Francisco’s Mid-Market neighborhood, once a hub for nonprofit social-service agencies, has dwindled to a few groups determined to stay put despite skyrocketing rents, the San Francisco Chronicle writes.

More than a dozen organizations have decamped from Mid-Market—home of Twitter and a tech-fueled property boom—and resettled in cheaper digs in Oakland. The Chronicle article looks at groups that have gone to great lengths to stay in the neighborhood, such as In-Home Supportive Services Consortium, which moved into basement offices, the only affordable local option.

San Francisco officials are trying to stanch the outward flow, approving a $2.5-million rent-stabilization fund for service groups and another $2-million pot for arts organizations. The Kenneth Rainin Foundation also committed $5 million over five years for a trust that has acquired two Mid-Market properties to house culture groups.