File #: 220208    Version: Name: Amended and Restated Cooperative Agreement - San Francisco Community Investment Fund - New Market Tax Credit Program - Not to Exceed $350,000 Annually
Type: Resolution Status: Passed
Introduced: 3/1/2022 In control: Clerk of the Board
On agenda: Final action: 4/22/2022
Enactment date: 4/22/2022 Enactment #: 135-22
Title: Resolution approving an Amended and Restated Cooperative Agreement between the City and County of San Francisco and the San Francisco Community Investment Fund (SFCIF) in support of the San Francisco Community Investment Fund’s New Market Tax Credit (NMTC) program, including the provision of a loan in an amount not to exceed $350,000 annually, consisting of City staff time and approved annually by the City Administrator, for an initial term of three years commencing on July 1, 2022, through June 30, 2025, and providing for extensions of the term on an annual basis thereafter for so long as the SFCIF continues the NMTC Program, but in no event later than June 30, 2032.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. DRAFT Amended & Restated Coop Agrmt, 3. SFCIF Reso No. 77-2022 012022, 4. SFCIF Staff Report 021522, 5. SFCIF Policies Feb 2022, 6. Cmte Pkt 040622, 7. CON Presentation 040622, 8. Leg Ver2, 9. Board Pkt 041222, 10. Leg Final
Related files: 130427
Legislation Details
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