City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
160481
Name:
Preservation of Affordable Housing Units - South
Beach Marina, Inc. - South Beach Marina
Apartments - 2 Townsend Street - Not to Exceed
$59,300,000
Status:
Type:
Resolution
Passed
File created:
In control:
5/3/2016
Clerk of the Board
On agenda:
Final action:
5/27/2016
Enactment date:
5/27/2016
197-16
Enactment #:
Title:
Resolution approving an agreement with South Beach Marina, Inc., to preserve 101 affordable
housing units at South Beach Marina Apartments in an amount not to exceed $59,300,000 and
authorizing the Director of the Mayor’s Office of Housing and Community Development to execute the
Agreement on behalf of the City and County of San Francisco to prevent the displacement of existing
low- and moderate-income households residing at the South Beach Marina Apartments, and creating
permanent affordability restrictions for all units to remain affordable to households earning up to 120%
of Area Median Income.
Sponsors:
Jane Kim, David Campos
Attachments:
1. Leg Ver1, 2. Draft Agrmt, 3. Bdgt Analyst Rpt 051116, 4. Referral - ER 050616, 5. CEQA Exemption
050616, 6. Comm Pkt 051116, 7. Form 126, 8. Form 126 attachment, 9. Leg Ver2, 10. Board Pkt
051716, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
5/3/2016
1
REFERRED TO DEPARTMENT
Clerk of the Board
5/6/2016
1
RECEIVED FROM DEPARTMENT
Clerk of the Board
5/6/2016
1
AMENDED
Budget and Finance Sub-
Committee
5/11/2016
1
Pass
RECOMMENDED AS AMENDED
Budget and Finance Sub-
Committee
5/11/2016
2
Pass
ADOPTED
Board of Supervisors
5/17/2016
2
Pass
APPROVED
Mayor
5/27/2016
2