City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
210363
Name:
Loan Agreement - 4200 Geary Associates, L.P. -
100% Affordable Housing - 4200 Geary Boulevard -
Not to Exceed $14,538,982
Status:
Type:
Resolution
Passed
File created:
In control:
4/6/2021
Clerk of the Board
On agenda:
Final action:
4/30/2021
Enactment date:
4/30/2021
172-21
Enactment #:
Title:
Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community
Development to execute loan documents relating to a loan to provide financing for the acquisition of
real property located at 4200 Geary Boulevard, and predevelopment activities for the construction of a
100% affordable multifamily rental housing project consisting of 98 units for senior households and
ancillary commercial space, known as 4200 Geary Boulevard, in an aggregate amount not to exceed
$14,538,982; approving the form of the loan agreement and ancillary documents; ratifying and
approving any action heretofore taken in connection with the project, as defined herein; granting
general authority to City Officials to take actions necessary to implement this Resolution, as defined
herein; and finding that the loan is consistent the General Plan, and the eight priority policies of
Planning Code, Section 101.1.
Sponsors:
Mayor, Connie Chan
Attachments:
1. Leg Ver1, 2. DRAFT Loan Agmt, 3. DRAFT Secured Acquisition Promissory Note, 4. DRAFT
Secured Predevelopment Promissory Note, 5. DRAFT Dec of Restrictions, 6. DRAFT Deed of Trust,
7. PLN General Pln Ref 030521, 8. Form 126, 9. BLA Report 042121, 10. Comm Pkt 042121, 11. Leg
Ver2, 12. Board Pkt 042721, 13. Form 126 Final, 14. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
4/6/2021
1
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING SAME TITLE
Budget and Finance Committee
4/21/2021
1
Pass
RECOMMENDED AS AMENDED
Budget and Finance Committee
4/21/2021
2
Pass
ADOPTED
Board of Supervisors
4/27/2021
2
Pass
APPROVED
Mayor
4/30/2021
2