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File #: 160066    Version: 1 Name: Subordination Agreement - Seismic and Safety Loan Program - HealthRight 360 - 890 Hayes Street and 214 Haight Street - $8,500,000
Type: Resolution Status: Passed
Introduced: 1/26/2016 In control: Clerk of the Board
On agenda: Final action: 2/25/2016
Enactment date: 2/25/2016 Enactment #: 054-16
Title: Resolution authorizing the subordination of two existing Seismic and Safety Loan Program loans, secured in part by real property commonly known as 890 Hayes Street and 214 Haight Street, to a new loan from the Nonprofit Finance Fund to HealthRight 360 in the amount of $8,500,000 for the construction of HealthRight 360’s new headquarters and clinic located at 1563 Mission Street.
Sponsors: Mayor, Jane Kim, London N. Breed
Attachments: 1. Leg Ver1, 2. MOHCD Ltr 011216, 3. Bdgt Analyst Rpt 021016, 4. Subordination Agrmt, 5. Loan Eval 5-8-2007, 6. Loan Eval 4-14-2005, 7. Form 126, 8. Comm Pkt 021016, 9. Board Pkt 022316, 10. Leg Final
Legislation Details
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