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OCII confirms up to $130.4M in tax-allocation bonds to fund 386 affordable units
Summary
The OCII Commission on Oct. 5 confirmed issuance of 2021A affordable-housing tax-allocation bonds not to exceed $130,400,000, approving preliminary and final official statements and continuing-disclosure documents. The bonds are expected to fund 386 units across Hunters Point Shipyard and Mission Bay projects and were designated as social bonds.
The San Francisco Office of Community Investment and Infrastructure Commission on Oct. 5 confirmed the issuance of up to $130,400,000 in tax-allocation bonds to finance affordable housing obligations, approving the preliminary and final official statements and a continuing disclosure certificate by a 4-0 vote with one commissioner absent.
John Daigle, debt manager, described the transaction as the final commission action needed…
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