City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
190315
Name:
Loan Agreement - Sunnydale HOPE SF - Not to
Exceed $28,478,891
Status:
Type:
Resolution
Passed
File created:
In control:
3/19/2019
Clerk of the Board
On agenda:
Final action:
4/26/2019
Enactment date:
4/26/2019
190-19
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 Infrastructure
LLC, a California limited liability company, for a total loan amount not to exceed $28,478,891 to
finance the first 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 eight priority policies of Planning Code, Section 101.1.
Sponsors:
Mayor, Shamann Walton
Attachments:
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Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
3/19/2019
1
CONTINUED
Budget and Finance Sub-
Committee
4/3/2019
1
Pass
AMENDED
Budget and Finance Sub-
Committee
4/10/2019
1
Pass
RECOMMENDED AS AMENDED
Budget and Finance Sub-
Committee
4/10/2019
2
Pass
ADOPTED
Board of Supervisors
4/16/2019
2
Pass
APPROVED
Mayor
4/26/2019
2