Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee forwards HOPE SF financing for Sunnydale and Hunters View to full Board
Summary
The committee recommended approval of a package of MOHCD financing measures to construct Sunnydale Block 3A (80 units) and Hunters View Phase 3 (118 units), including tax‑exempt and taxable bonds, city loans and an HCD award; developers and community groups urged approval.
The Board’s Budget & Finance Committee on April 19 advanced a set of Mayor’s Office of Housing & Community Development (MOHCD) measures to finance two HOPE SF developments: Sunnydale Block 3A (80 units) and Hunters View Phase 3 (118 units).
MOHCD described the financing package: Item 11 would authorize roughly $69 million in tax‑exempt and taxable bonds to finance Sunnydale Block 3A; Item 12 would approve MOCD loan agreements totaling $26.2 million and related loans for 20,000 square feet of commercial/community…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
