File #: 160481    Version: Name: Preservation of Affordable Housing Units - South Beach Marina, Inc. - South Beach Marina Apartments - 2 Townsend Street - Not to Exceed $59,300,000
Type: Resolution Status: Passed
Introduced: 5/3/2016 In control: Clerk of the Board
On agenda: Final action: 5/27/2016
Enactment date: 5/27/2016 Enactment #: 197-16
Title: Resolution approving an agreement with South Beach Marina, Inc., to preserve 101 affordable housing units at South Beach Marina Apartments in an amount not to exceed $59,300,000 and authorizing the Director of the Mayor’s Office of Housing and Community Development to execute the Agreement on behalf of the City and County of San Francisco to prevent the displacement of existing low- and moderate-income households residing at the South Beach Marina Apartments, and creating permanent affordability restrictions for all units to remain affordable to households earning up to 120% of Area Median Income.
Sponsors: Jane Kim, David Campos
Attachments: 1. Leg Ver1, 2. Draft Agrmt, 3. Bdgt Analyst Rpt 051116, 4. Referral - ER 050616, 5. CEQA Exemption 050616, 6. Comm Pkt 051116, 7. Form 126, 8. Form 126 attachment, 9. Leg Ver2, 10. Board Pkt 051716, 11. Leg Final
Legislation Details
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