City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
210941
Name:
Purchase of Real Property - Jamna Investments,
LLC - 5630-5638 Mission Street - Homelessness
and Supportive Housing - $17,340,000
Status:
Type:
Resolution
Passed
File created:
In control:
9/7/2021
Clerk of the Board
On agenda:
Final action:
10/15/2021
Enactment date:
10/15/2021
474-21
Enactment #:
Title:
Resolution 1) approving and authorizing the Director of Property, on behalf of the Department of
Homelessness and Supportive Housing (“HSH”), to acquire certain property located at 5630-5638
Mission Street (“Property”); 2) approving and authorizing HSH, on behalf of the City, to apply to the
California Department of Housing and Community Development (“HCD”) for its 2021 Homekey Grant
Program (“Project Homekey”) to purchase the Property; 3) approving and authorizing an Agreement of
Purchase and Sale for Real Estate for the acquisition of the Property, for $17,000,000 plus an
estimated $340,000 for typical closing costs for a total amount of $17,340,000 from Jamna
Investments, LLC (“Purchase Agreement”); 4) authorizing the Director of Property to execute the
Purchase Agreement, make certain modifications, and take certain actions in furtherance of this
Resolution and the Purchase Agreement, as defined herein; 5) affirming the Planning Department’s
determination under the California Environmental Quality Act; and 6) adopting the Planning
Department’s findings that the Purchase Agreement, and the transaction contemplated therein, is
consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors:
Mayor, Ahsha Safai
Attachments:
1. Leg Ver1, 2. Executed Purchase and Sale Agrmt, 3. PLN Gen Pln Ref 090121, 4. RED Ltr 090321,
5. Form 126, 6. BLA Report 092921, 7. Comm Pkt 092921, 8. Public Correspondence, 9. HSH
Presentation 092921, 10. Board Pkt 100521, 11. Leg Final, 12. Form 126 Final, 13. Grant Deed
Recorded 051622, 14. Purchase and Sale Agreement FINAL (executed) 083021
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
9/7/2021
1
RECOMMENDED
Budget and Finance Committee
9/29/2021
1
Pass
ADOPTED
Board of Supervisors
10/5/2021
1
Pass
APPROVED
Mayor
10/15/2021
1
RECEIVED FROM DEPARTMENT
Clerk of the Board
5/31/2022
1