City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
220015
Name:
Purchase of Real Property - Apply for Grant
Application - VSSF Associates, LLC - 835 Turk
Street - Homelessness and Supportive Housing -
Homekey Grant Program - $25,701,300
Status:
Type:
Resolution
Passed
File created:
In control:
1/4/2022
Clerk of the Board
On agenda:
Final action:
2/11/2022
Enactment date:
2/11/2022
036-22
Enactment #:
Title:
Resolution 1) approving and authorizing the Director of Property, on behalf of the Department of
Homelessness and Supportive Housing (“HSH”), to acquire certain property located at 835 Turk Street
(“Property”) for $25,650,000 plus an estimated $51,300 for typical closing costs, for a total anticipated
amount of $25,701,300; 2) approving and authorizing HSH, on behalf of the City, to apply to the
California Department of Housing and Community Development for its Homekey Grant Program to
purchase the Property; 3) approving and authorizing an Agreement of Purchase and Sale for Real
Estate for the acquisition of the Property from VSSF Associates, LLC (“Purchase Agreement”), which
includes a liquidated damages clause of up to $250,000 in case of default by the City, and an interim
property management fee not to exceed $5,000 per month, plus reasonable operating expenses for
the Property, to be paid to VSSF Associates, LLC until the City selects an operator for the Property; 4)
authorizing the Director of Property to execute the Purchase Agreement, make certain modifications,
and take certain actions in furtherance of this Resolution and the Purchase Agreement, as defined
herein; 5) affirming the Planning Department’s determination under the California Environmental
Quality Act; and 6) adopting the Planning Department’s findings that the Purchase Agreement, and
the transaction contemplated therein, is consistent with the General Plan, and the eight priority
policies of Planning Code, Section 101.1.
Sponsors:
Mayor, Dean Preston, Ahsha Safai, Matt Haney
Attachments:
1. Leg Ver1, 2. DRAFT Purchase Sale Agmt, 3. NOFA 090921, 4. PLN GPR Ltr 120821, 5. RED Ltr
123021, 6. Form 126, 7. Public Correspondence, 8. BLA Rpt 012622, 9. Cmte Pkt 012622, 10. HSH
Presentation 012622, 11. Board Pkt 020122, 12. Form 126 Final, 13. Leg Final, 14. Final Executed
Purchase and Sale Agmt 021722, 15. Grant Deed Recorded 0322
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
1/4/2022
1
RECOMMENDED
Budget and Finance Committee
1/26/2022
1
Pass
ADOPTED
Board of Supervisors
2/1/2022
1
Pass
APPROVED
Mayor
2/11/2022
1
RECEIVED FROM DEPARTMENT
Clerk of the Board
10/18/2022
1
RECEIVED FROM DEPARTMENT
Clerk of the Board
5/18/2023
1