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OCII outlines $542.4M ROPS 2021'22 request, with $248.6M for affordable housing loans
Summary
OCII staff presented the agency's ROPS request for fiscal 2021'22 totaling $542.4 million, driven by new affordable-housing loans; housing requested $248.6M (mostly bond-funded) across Hunters Point Shipyard, Mission Bay and Transbay.
OCII staff presented a workshop on the Recognized Obligation Payment Schedule (ROPS) for fiscal year 2021'22, describing a $542.4 million funding request that will be used for bond proceeds, RPTTF non-admin, reserve balances and other funds. Mina Yu said the increase relative to the prior year is largely driven by four new affordable-housing construction loans that OCII plans to finance in 2021'22.
Housing staff…
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