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File #: 251266    Version: 1 Name: Grant Agreement - Senior Operating Subsidy - 967 Mission, LP - Not to Exceed $10,548,907
Type: Resolution Status: Passed
Introduced: 12/16/2025 In control: Clerk of the Board
On agenda: Final action: 1/23/2026
Enactment date: 1/23/2026 Enactment #: 010-26
Title: Resolution approving and authorizing the Mayor and the Director of the Mayor’s Office of Housing and Community Development (“MOHCD”) to execute a grant agreement with 967 Mission, LP in the amount of $10,548,907 for a term of 15 years to provide operating subsidies for a 95-unit 100% affordable housing project, with 40 units of housing for extremely low-income seniors; approving the form of and authorizing the execution of the grant agreement; granting general authority to City officials to take actions necessary to implement this Resolution, as defined herein.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. DRAFT Grant Agreement, 3. MYR Cover Ltr 121625, 4. Form 126, 5. BLA Rpts 010726, 6. Cmte Pkt 010726, 7. MOHCD Presentation 010725, 8. PAM Temp Mbr 010526, 9. Board Pkt 011326, 10. Form 126 Final, 11. Leg Final
Related files: 200704, 251264, 251265
Legislation Details
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