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Committee backs bond applications to finance three affordable‑housing projects including teacher housing
Summary
The Budget and Finance Committee voted Jan. 27 to forward three MOHCD resolutions seeking tax‑exempt bond allocations for Hunters View Phase 3, Potrero Block B and Shirley Chisholm Village; staff said allocations would enable construction financing but would not pledge city funds.
The Budget and Finance Committee on Jan. 27 recommended that the full Board of Supervisors support three applications to the California Debt Limit Allocation Committee (CDLAC) to permit tax‑exempt bond financing for three affordable‑housing developments in San Francisco.
Jonathan Gagan, a project manager at the Mayor’s Office of Housing and Community Development, told the committee the requests would permit conduit bond financing that does not require the…
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