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SF LGBT Center Asks for Bailout


SF GAY AND LESBIAN CENTER X390 (FLICKR) | ADVOCATE.COM

On the verge of foreclosure and battered by the recession, the San Francisco Lesbian, Gay, Bisexual, and Transgender Community Center has asked the city for a $1 million line of credit to help it stay afloat.

According to the San Francisco Chronicle, the cash-strapped city is likely to grant the “mortgage relief” fund for the city-subsidized center, although the center will likely need even more in the long run to cover almost $3 million owed on its mortgage.

A city bailout of the eight-year-old center at Market and Octavia Streets would be unprecedented, reports the Chronicle. But the city does not want to see the center go under, especially after committing $5.7 million to the institution already.

“If approved by the Board of Supervisors and the mayor, the bailout would be the first time the city has used its general fund to guarantee mortgage payments on behalf of a nonprofit, according to the budget analyst's report.”

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Reader Comments
  • Name: Brandon
    Date posted: 3/11/2010 1:19:07 AM
    Hometown: san francisco

    Comment:

    Please read the Center's complete statement: http://bit.ly/9dWhrD (PDF). The news has given misinformation and has blown this out of proportion.

  • Name: Ryan
    Date posted: 3/10/2010 5:40:04 PM
    Hometown: santa monica

    Comment:

    You know, when I lived in the bay area I never ever had a reason to go here. I checked for events and resources but mostly it seemed to just be an office and a handful of conference rooms that get used for mostly obscure events. I don't think it's an ugly building at all but it IS too far away from the Castro, a really stupid oversight of them. Who cares if there's no parking, there isn't parking anywhere really in the city and there's no reason really that anyone would have to drive here as streetcars, busses, bikes, pedestrians and a subway line run right outside.

  • Name: Mark
    Date posted: 3/10/2010 5:39:54 PM
    Hometown: Palm Springs, CA

    Comment:

    This could be seen as something positive. I would argue that there is less of a need for a gay and lesbian center than there used to be. Ideally, there wouldn't be a need for one at all.

  • Name: Mel
    Date posted: 3/10/2010 3:50:37 PM
    Hometown: Ohio

    Comment:

    As someone who runs a large nonprofit organization I am baffled that this center, in arguably one of the most supportive cities for gay issues, could have been allowed to be mismanaged and while I understand and appreciate the value of location the negatives you mentioned cannot be the main factor for their current financial tumult. Whatelse is going on, or rather not going on?

  • Name: Jerry
    Date posted: 3/10/2010 3:49:08 PM
    Hometown: Washington DC

    Comment:

    If the gay community in San Francisco isn't supporting the center as a whole, that tells me that whoever is running the place doesn't know what the community wants in terms of services and activities.

  • Name: KevinSF
    Date posted: 3/10/2010 1:31:53 PM
    Hometown: San Francisco

    Comment:

    The building is too far away from the Castro, it has been continually mismanaged and it’s ugly as sin. No one wants to go there and there is no parking.



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