Share to Facebook Share to Twitter Bookmark and Share
File #: 170559    Version: Name: Grant Agreement - 650 Eddy L.P. - Local Operating Subsidy Program Contract - Arnett Watson Apartments, 650 Eddy Street - Not to Exceed $19,018,559
Type: Resolution Status: Passed
Introduced: 5/9/2017 In control: Clerk of the Board
On agenda: Final action: 6/15/2017
Enactment date: 6/15/2017 Enactment #: 232-17
Title: Resolution authorizing the Director of the Mayor’s Office of Housing and Community Development to execute a Local Operating Subsidy Program Grant Agreement with 650 Eddy, L.P., a California limited partnership, to provide operating subsidies for formerly homeless individuals and families at Arnett Watson Apartments, 650 Eddy Street, for a total term of 15 years, starting July 1, 2017, and ending June 30, 2032, in an amount not to exceed $19,018,559.
Sponsors: Mayor, Jane Kim
Attachments: 1. Leg Ver1, 2. DRAFT Grant Agrmt, 3. Loan Committee Evaluation 040717, 4. Form 126, 5. Comm Pkt 052517, 6. Leg Ver2, 7. Board Pkt 060617, 8. Leg Final, 9. Executed Grant Agrmt 070117
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.