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Committee advances conduit financing for 151‑unit Transbay senior housing project

Budget and Finance Committee, San Francisco Board of Supervisors · February 7, 2024
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Summary

The committee voted to forward a resolution authorizing multifamily housing revenue notes up to about $67.7 million to finance construction of Transbay Block 2 West, a 151‑unit affordable senior project that includes units for formerly homeless seniors and subsidies through local operating programs.

The Budget and Finance Committee on Feb. 7 voted to forward a resolution authorizing multifamily housing revenue notes in an aggregate principal amount not to exceed approximately $67.7 million for Transbay Block 2 West, a 151‑unit affordable senior housing project in the Transbay…

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