Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee approves financing package to build 98 affordable senior units at 4200 Geary
Summary
The committee recommended forwarding two resolutions that authorize MOHCD to acquire 4200 Geary, enter a ground lease, provide a permanent loan and authorize up to $60 million in tax‑exempt bonds to finance a 98‑unit, 100% affordable senior housing project.
The Budget & Finance Committee voted to forward two items to the full board authorizing financing and property actions to enable 4200 Geary, a 98‑unit, 100% affordable senior housing development.
Sheila Nicolopoulos, MOHCD director of policy, and project manager Ophelia Walsh presented the project scope and financing. Walsh said MOHCD will acquire the…
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
