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File #: 200094    Version: 1 Name: Standard Agreements, Accept and Expend Grant - California Department of Housing and Community Development Affordable Housing and Sustainable Communities Program - 500 Turk Street Project - $20,000,000
Type: Resolution Status: Passed
Introduced: 1/28/2020 In control: Clerk of the Board
On agenda: Final action: 2/28/2020
Enactment date: 2/28/2020 Enactment #: 072-20
Title: Resolution authorizing the Mayor’s Office of Housing and Community Development (MOHCD) to execute the Standard Agreements with the California Department of Housing and Community Development (HCD) under the Affordable Housing and Sustainable Communities Program for a total award of $20,000,000 including $13,700,000 disbursed by HCD as a loan to Turk 500 Associates L.P. for a 100% affordable housing project at 500 Turk Street and $6,300,000 to be disbursed as a grant to the City public transportation improvements near 500 Turk Street, for the period starting on the execution date of the Standard Agreements through June 30, 2039; and authorizing MOHCD to accept and expend a grant of $6,300,000 for transportation, bicycle, and pedestrian improvements, and other transit oriented programming and improvements approved by HCD.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. DRAFT Loan Standard Agmt, 3. DRAFT Grant Standard Agmt, 4. Grant Info Form, 5. Grant Budget, 6. Award Ltr 070819, 7. MTA MOU 020119, 8. BART, TNDC - AHSC Implementation and Cooperation Agmt 020819, 9. PC Motion No. 20148 032918, 10. Notice of Funding Availability Round 4, 11. Program Guidelines Round 4, 12. MOHCD Memo 011420, 13. Form 126, 14. Comm Pkt 021220, 15. Board Pkt 022520, 16. Leg Final, 17. Form 126 Final
Related files: 191265, 181221
Legislation Details
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