https://sfgov.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8037415&GUID=C4740479-98BF-4F02-9464-459AF04C52DDLegistar15https://sfgov.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8037415&GUID=C4740479-98BF-4F02-9464-459AF04C52DDC4740479-98BF-4F02-9464-459AF04C52DD-2026-05-27-16-08-31Title: Resolution 1) approving and authorizing the Director of Property and the Mayor’s Office of Housing and Community Development (“MOHCD”) to enter into a Ground Lease for real property owned by the City and located at 1820 Post Street with Golden Gate Apartments, L.P. (“Borrower”), for a lease term of 75 years and one 24-year option to extend and an annual base rent of $15,000 (“Ground Lease”) in order to rehabilitate a 100% affordable, 72-unit multifamily rental housing development for low-income households (“Project”); 2) approving and authorizing the Mayor and Director of MOHCD to execute an Amended and Restated Loan Agreement to provide the Borrower with a loan in an aggregate amount not to exceed $22,578,308 to finance the Project; 3) adopting findings that the Project and proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; 4) affirming the Planning Department’s determination under the California Environmental Quality Act; and 5) authorizing the Director of Property and/or the Director of MOHCD or their designWed, 27 May 2026 16:08:31 GMT