City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
240476
Name:
Loan Agreement - Sunnydale Phase 3
Infrastructure, LLC - Sunnydale HOPE SF -
Infrastructure Improvements - Not to Exceed
$52,362,512
Status:
Type:
Resolution
Passed
File created:
In control:
5/7/2024
Clerk of the Board
On agenda:
Final action:
6/21/2024
Enactment date:
6/21/2024
339-24
Enactment #:
Title:
Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community
Development to execute an Amended and Restated Loan Agreement with Sunnydale Phase 3
Infrastructure, LLC, a California limited liability company, for a total loan amount not to exceed
$52,362,512 to finance the third phase of infrastructure improvements and housing development
related to the revitalization and master development of up to 1770 units of replacement public
housing, affordable housing and market rate housing, commonly known as the Sunnydale HOPE SF
Development (“Sunnydale Project”); and adopting findings that the loan agreement is consistent with
the adopted Mitigation Monitoring and Reporting Program under the California Environmental Quality
Act, the General Plan, and the priority policies of Planning Code, Section 101.1.
Sponsors:
Mayor, Shamann Walton, Rafael Mandelman, Ahsha Safai
Attachments:
1. Leg Ver1, 2. DRAFT Amended and Restated Agmt, 3. HOPE SF Developer RFQ 101607, 4.
Developer RFQ Summary 030608, 5. BOS Ordinance No. 18-17 020117, 6. BOS Ordinance No. 20-
17 020317, 7. Form 126, 8. MOHCD Presentation 060524, 9. BLA Rpt 060524, 10. Cmte Pkt 060524,
11. Board Pkt 061124, 12. Form 126 Final, 13. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
5/7/2024
1
RECOMMENDED
Budget and Finance Committee
6/5/2024
1
Pass
ADOPTED
Board of Supervisors
6/11/2024
1
Pass
APPROVED
Mayor
6/21/2024
1