|
Title:
|
Resolution authorizing the Mayor’s Office of Housing and Community Development on behalf of the City and County of San Francisco to execute a Standard Agreement and other related documents, as defined herein, with the State of California Department of Housing and Community Development (“HCD”) under the California Housing Accelerator Program which Standard Agreement includes an award of $94,836,486 as a loan to Potrero Housing Associates II, L.P. (“Developer”), as sole borrower, for construction of a development affordable to low- and moderate-income families at Potrero Block B, located at 1801-25th Street for a term of five years to commence upon execution of the Standard Agreement by HCD.
|