File #: 220768    Version: 1 Name: Standard Agreement - California Department of Housing and Community Development - California Housing Accelerator Program - Potrero Block B - $94,836,486
Type: Resolution Status: Passed
Introduced: 6/28/2022 In control: Clerk of the Board
On agenda: Final action: 7/22/2022
Enactment date: 7/22/2022 Enactment #: 324-22
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.
Sponsors: Mayor, Shamann Walton
Attachments: 1. Leg Ver1, 2. DRAFT Standard Agrmt, 3. PC Motion No. 19531 121015, 4. GPR - General Plan Findings - Attachment A, 5. BOS Ord No. 15-17 020117, 6. BOS Ord No. 19-17 020317, 7. Project Guidelines 050522, 8. Award Ltr 021622, 9. Form 126, 10. Cmte Pkt 071322, 11. Board Pkt 071922, 12. Leg Final, 13. Form 126 Final
Related files: 161308, 161161
Legislation Details
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