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Title:
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Resolution approving (1) a ground lease of land at 820 O'Farrell Street (Assessor's Block 0716, Lot 003) from the San Francisco Redevelopment Agency to Jordan Housing Corporation, a California nonprofit public benefit corporation ("JHC"), for $1.00 per year plus $129,999 per year of deferred rent for sixty-five (65) years with an option to renew for an additional thirty-four (34) years, and (2) the sale of improvements thereon for $2,050,000 to JHC for the purpose of rehabilitating, owning and operating housing for very low income households.
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Attachments:
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1. Leg_Ver1, 2. Leg_Final
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