No Halo News · Sourced development
HomeRise announces wind-down as reporting revisits prior audit findings and abuse allegations
HomeRise's board announced that the San Francisco supportive-housing nonprofit will wind down over a process expected to take as long as 24 months. SFist reported the closure in the context of a 2024 city audit that identified serious fiscal noncompliance and questionable or unallowed spending, as well as later allegations that an employee sexually abused clients. The wind-down will involve transferring property management, ownership roles and services to other providers.
Status matters. This page records a sourced development, not a completed No Halo investigation. An allegation is not a finding. Dismissals, settlements, judgments, corrections and final outcomes remain distinct.
Donor relevance
Why this matters
HomeRise operates supportive housing for more than 1,500 residents across numerous properties. A full organizational wind-down following longstanding financial-control concerns presents material continuity, asset-transfer, workforce and resident-protection risks.
Attribution
Who reported or established this
SFist reported the wind-down and summarized findings from the earlier city audit and subsequently reported abuse allegations. HomeRise's board separately confirmed the planned wind-down.
Evidence limits
What remains unverified
No Halo has not established that the earlier financial problems or abuse allegations legally caused the closure, that every reported allegation is substantiated or what liabilities will remain after transfers are completed.
Right of reply
Organization response
HomeRise said residents will remain housed, leases and rental assistance will continue, on-site staff and services will remain during the transition, and the organization will coordinate transfers with city agencies, lenders, investors and regulators.
Classification
How No Halo records this event
Event type: Operational Contraction. Current state: Pending. No Halo preserves the current procedural state rather than treating every mention as a finding.
Published October 1, 2026 · Last verified October 4, 2026. See an error or a later outcome? Submit a correction or right of reply.