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File #: 190980    Version: 1 Name: Loan Agreement - Block 6 Housing Partners, L.P. - Sunnydale HOPE SF Block 6 - Not To Exceed $18,647,014
Type: Resolution Status: Pending Committee Action
Introduced: 9/24/2019 In control: Budget and Finance Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development to execute an Amended and Restated Loan Agreement with Block 6 Housing Partners, L.P., a California limited partnership, for a total loan amount not to exceed $18,647,014 to finance the construction of a 167-unit multifamily rental housing development for low-income households, which will be known as Sunnydale HOPE SF Block 6; and adopting findings that the loan agreement is consistent with the adopted Mitigation Monitoring and Reporting Program under the California Environmental Quality Act, the General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors: Mayor, Shamann Walton
Attachments: 1. Leg Ver1, 2. DRAFT Loan Agrmt, 3. Form 126, 4. BLA Report 100919, 5. Comm Pkt 100919, 6. BLA Report 101619, 7. Comm Pkt 101619
Legislation Details
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