City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
211266
Name:
Loan Agreement - Sunnydale Infrastructure Phase
1A3 LLC - Sunnydale HOPE SF - Infrastructure
Improvements - Not to Exceed $25,072,111
Status:
Type:
Resolution
Passed
File created:
In control:
12/7/2021
Clerk of the Board
On agenda:
Final action:
2/18/2022
Enactment date:
2/18/2022
045-22
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
Phase 1A3 LLC, a California limited liability company, for a total loan amount not to exceed
$25,072,111 to finance the second phase of infrastructure improvements and housing development
related to the revitalization and master development of up to 1,770 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 priority policies of Planning Code, Section 101.1.
Sponsors:
Mayor, Shamann Walton, Ahsha Safai
Attachments:
1. Leg Ver1, 2. DRAFT Amended & Restated Loan Agrmt, 3. RFQ 101607, 4. Developer RFQ
Summary 030308, 5. Mercy v. McCormack Score Results, 6. Form 126, 7. BLA Rpt 020222, 8. Cmte
Pkt 020222, 9. HOPE SF-REC Presentation 020222, 10. Board Pkt 020822, 11. Leg Final, 12. Form
126 Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
12/7/2021
1
RECOMMENDED
Budget and Finance Committee
2/2/2022
1
Pass
ADOPTED
Board of Supervisors
2/8/2022
1
Pass
APPROVED
Mayor
2/18/2022
1