City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
230380
Name:
Loan Agreement - HV Partners 3, LP - Hunters View
HOPE SF Vertical Phase III - 100% Affordable
Housing - Not to Exceed $50,495,000
Status:
Type:
Resolution
Passed
File created:
In control:
4/4/2023
Clerk of the Board
On agenda:
Final action:
5/3/2023
Enactment date:
5/3/2023
204-23
Enactment #:
Title:
Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community
Development (“MOHCD”) to execute an Amended and Restated Loan Agreement with HV Partners 3,
LP, a California limited partnership, for a total loan amount not to exceed $50,495,000 to finance the
construction of a 118-unit multifamily rental housing development for low-income households, which
will be known as Hunters View HOPE SF Vertical Phase III (the "Project"); 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; and authorizing the Director of MOHCD or his or her designee to enter into any
amendments or modifications to the loan agreement and any other documents or instruments
necessary in connection therewith that the Director determines are in the best interest of the City, do
not materially increase the obligations or liabilities for the City or materially diminish the benefits of the
City, and are necessary or advisable to effectuate the purposes and intent of this Resolution.
Sponsors:
Mayor, Shamann Walton, Rafael Mandelman, Ahsha Safai, Dean Preston
Attachments:
1. Leg Ver1, 2. DRAFT Amended & Restated Loan Agmt, 3. HOPE SF SFHA RFQ 101607, 4. HV3A
HOPE SF Vertical Loan Evaluation 031723, 5. PLN Mot. No. 17621 061208, 6. CEQA Finding HV EIR
Addendum 011620, 7. PLN Comm Mot. 20663 022020, 8. EIR Draft 030108, 9. BOS Ord. No. 180-07
080307, 10. Form 126, 11. MOHCD Presentation 041923, 12. BLA Rpt 041923, 13. Cmte Pkt 041923,
14. Board Pkt 042523, 15. Form 126 Final, 16. Leg Final, 17. Executed Loan Agrmt 050223
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
4/4/2023
1
RECOMMENDED
Budget and Finance Committee
4/19/2023
1
Pass
ADOPTED
Board of Supervisors
4/25/2023
1
Pass
APPROVED
Mayor
5/3/2023
1
RECEIVED FROM DEPARTMENT
Clerk of the Board
6/26/2023
1