Founder Leo Sosa said the organization has graduated about 500 students since it started nearly 10 years ago, with almost 400 of them finding jobs in the tech industry.<\/p>\n
Among those graduates is Josue, who Sosa said lived about a block away from Dev\/Mission.<\/p>\n
MORE: AI boom brings new wealth to Bay Area, and new worries about growing affordability crisis<\/a><\/p>\n “He recently started working at OpenAI,” Sosa said.<\/p>\n Since 2017, they have also distributed over 5,000 computers to low-income families.<\/p>\n “It’s just very fulfilling knowing that I can give back to my community,” said Isaac Sosa, Dev\/Mission’s program coordinator refurbishing center.<\/p>\n Now, Sosa says the nonprofit is facing uncertainty over its own future in the neighborhood.<\/p>\n MORE: San Francisco Mayor Daniel Lurie declares ‘rent emergency’ amid rising costs<\/a><\/p>\n “About three weeks ago the negotiating for the new lease, they pretty much told us it was going to be 156% increase, about $20,000 a month,” Sosa said.<\/p>\n ABC7 Eyewitness News contacted Sosa’s landlord but did not hear back.<\/p>\n Cushman & Wakefield, one of the world’s largest commercial real estate firms, says office space costs in San Francisco are increasing rapidly.<\/p>\n “There is a flurry of office leasing activity, huge demand for residential pricing increase that we’ve never seen in this much of it increase in a short period of time,” said Kazuko Morgan, executive vice chairman at Cushman & Wakefield.<\/p>\n
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