City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
240231
Name:
Grant Agreement - Transbay 2 Senior, L.P. - Senior
Operating Subsidy - Not to Exceed $18,290,441
Status:
Type:
Resolution
Passed
File created:
In control:
3/12/2024
Clerk of the Board
On agenda:
Final action:
4/12/2024
Enactment date:
4/12/2024
162-24
Enactment #:
Title:
Resolution approving and authorizing the Mayor and the Director of the Mayor’s Office of Housing and
Community Development (“MOHCD”) to execute a grant agreement with Transbay 2 Senior, L.P. in
the amount of $18,290,441 for a 15 year and 3 month term to provide operating subsidies for a 100%
affordable housing project housing extremely low-income seniors, effective upon approval of this
Resolution; approving the form of and authorizing the execution of the grant agreement; granting
general authority to City officials to take actions necessary to implement this Resolution, as defined
herein; and to authorize the Director of MOHCD to enter into amendments or modifications to the
grant agreement that do not materially increase the obligations or liabilities to the City and are
necessary to effectuate the purposes of the grant agreement or this Resolution.
Sponsors:
Mayor, Aaron Peskin, Hillary Ronen, Connie Chan, Rafael Mandelman, Matt Dorsey, Ahsha Safai
Attachments:
1. Leg Ver1, 2. DRAFT Grant Agrmt, 3. OCII Reso No. 03-2024 011624, 4. OCII Reso No. 02-2024
011624, 5. BOS Reso No. 320-20 072320, 6. Form 126, 7. BLA Rpt 032724, 8. Cmte Pkt 032724, 9.
Board Pkt 040224, 10. Form 126 Final, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
3/12/2024
1
RECOMMENDED
Budget and Finance Committee
3/27/2024
1
Pass
ADOPTED
Board of Supervisors
4/2/2024
1
Pass
APPROVED
Mayor
4/12/2024
1