On Tuesday, August 13th, Tenderloin Housing Clinic (THC) officially opened the Bristol Hotel, a 57-unit Step-Up building for residents currently in supportive housing. The hotel’s first operating years have been funded by a generous donation from Lynne and Marc Benioff, Salesforce CEO,m after which the city will take over funding….
THC to Manage Bristol Hotel with Financial Support from Salesforce CEO Marc Benioff
THC’s acquisition of the Bristol Hotel was made possible in part by a generous $6.1 million donation from Salesforce CEO Marc Benioff which will subsidize rental costs for new tenants. The hotel will provide permanent housing opportunities for 58 formerly homeless adults.