1 Dr. Carlton B. Goodlett
San Francisco, CA 94102-
City and County of San Francisco
Loan Agreement - 88 Broadway Family, L.P. - 100%
Affordable Housing at 88 Broadway - Not to Exceed
Clerk of the Board
Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community
Development to execute a Loan Agreement with 88 Broadway Family, L.P., a California limited
partnership, in an amount not to exceed $31,020,739 for a minimum term of 57 years to finance the
construction of a 100% affordable, 124-unit multifamily rental housing development (plus one staff
unit) for low and moderate income households (“Broadway 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 eight priority policies of Planning
Code, Section 101.1.
1. Leg Ver1, 2. DRAFT Loan Agrmt, 3. DRAFT Residential Note, 4. DRAFT Commercial Note, 5.
DRAFT Residential Deed of Trust, 6. DRAFT Commercial Deed of Trust, 7. DRAFT Declaration of
Restrictions, 8. PLN GPR Note 012419, 9. RFP 1215, 10. Form 126, 11. BLA Report 022719, 12.
Comm Pkt 022719, 13. Board Pkt 030519, 14. Form 126 Final, 15. Leg Final
RECEIVED AND ASSIGNED
Budget and Finance Committee
Board of Supervisors