File #: 230059    Version: 1 Name: Standard Agreement - California Department of Housing and Community Development California Housing Accelerator Program - Sunnydale Block 3B - $47,814,455
Type: Resolution Status: Passed
Introduced: 1/24/2023 In control: Clerk of the Board
On agenda: Final action: 2/23/2023
Enactment date: 2/23/2023 Enactment #: 056-23
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 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 $47,814,455 as a loan to Sunnydale Block 3B Housing Partners, L.P. (“Developer”), as sole borrower, for construction of a development affordable to low- and moderate-income families at Sunnydale Block 3B, located at 1555 Sunnydale Avenue, for a term of five years to commence upon execution of the Standard Agreement by HCD.
Sponsors: Mayor, Shamann Walton, Ahsha Safai, Rafael Mandelman
Attachments: 1. Leg Ver1, 2. DRAFT Standard Agmt, 3. Award Ltr 090622, 4. BOS Ord No. 18-17 013117, 5. BOS Ord No. 20-17 013117, 6. Form 126, 7. MOHCD Presentation 020823, 8. Cmte Pkt 020823, 9. Board Pkt 021423, 10. Form 126 Final, 11. Leg Final, 12. Executed Standard Agreement 031023
Related files: 161164, 161309
Legislation Details
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