City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
240232
Name:
Grant Agreement - 4200 Geary Associates, L.P. -
Senior Operating Subsidy - Not to Exceed
$7,795,022
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
163-24
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 4200 Geary Associates L.P.
in the amount of $7,795,022 for a 15-year term to provide operating subsidies for a 100% affordable
housing project for 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, Ahsha Safai
Attachments:
1. Leg Ver1, 2. DRAFT Grant Agreement, 3. BOS Reso No. 320-20 072320, 4. Form 126, 5. BLA Rpt
032724, 6. Cmte Pkt 032724, 7. Board Pkt 040224, 8. Form 126 Final, 9. 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