File #: 230060    Version: 1 Name: Standard Agreement - California Department of Housing and Community Development - California Housing Accelerator Program - The Kelsey Civic Center - $37,334,401
Type: Resolution Status: Passed
Introduced: 1/24/2023 In control: Clerk of the Board
On agenda: Final action: 2/24/2023
Enactment date: 2/24/2023 Enactment #: 057-23
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 $37,334,401 as a loan to The Kelsey Civic Center, L.P. (“Developer”), as sole borrower, for construction of a development affordable to low- and moderate-income households at The Kelsey Civic Center, located at 240 Van Ness Avenue, for a term of five years to commence upon execution of the Standard Agreement by HCD.
Sponsors: Mayor, Dean Preston, Ahsha Safai, Rafael Mandelman
Attachments: 1. Leg Ver1, 2. DRAFT Standard Agrmt, 3. PLN Ntc Final Approval SB35 Proj 060321, 4. Accelerator Tier 2 Guidelines and Amendment, 5. HPC Award 090622, 6. CA Housing Accelerator Application 022822, 7. Form 126, 8. MOHCD Presentation 020823, 9. Cmte Pkt 020823, 10. Board Pkt 021423, 11. Form 126 Final, 12. Leg Final
Related files: 210118
Legislation Details
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