No Halo News · Sourced development
HomeRise board approves wind-down amid lost city funding and reported financial dysfunction
The San Francisco Chronicle reported that HomeRise’s board approved an orderly wind-down over one to two years after the city declined to renew four service contracts and concluded with the charity that its operating model was unsustainable. The decision followed Chronicle and UC Berkeley Investigative Reporting Program reporting alleging serious operational neglect and financial mismanagement. Those reported allegations have not been adjudicated as findings.
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 17 supportive-housing complexes serving more than 1,500 residents. Its dissolution requires the city to transfer housing operations and services while protecting residents, contracts and public assets.
Attribution
Who reported or established this
The closure, financial circumstances and operational allegations were reported by the San Francisco Chronicle and the UC Berkeley Investigative Reporting Program. HomeRise’s board confirmed its wind-down decision.
Evidence limits
What remains unverified
No Halo has not independently established the reported mismanagement, alleged staff misconduct, responsibility for resident deaths, the charity’s complete financial position or the final disposition of its properties and contracts.
Right of reply
Organization response
Interim CEO Tim Daniels and board president Don Falk described the process as an orderly, resident-centered wind-down and said HomeRise would seek a CEO to lead the dissolution. The city and HomeRise said the current operating model was not sustainable.
Classification
How No Halo records this event
Event type: Financial Distress. 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 5, 2026. See an error or a later outcome? Submit a correction or right of reply.