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Committee forwards bond‑related amendments for 1601 Mariposa mixed‑income project
San Francisco Board of Supervisors Budget & Finance Committee · February 16, 2022
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Summary
Committee advanced amendments to indenture and loan agreements for multifamily housing revenue bonds tied to 1601 Mariposa (299 units, 60 affordable) to enable longer‑term financing; MOHCD said the transaction remains conduit financing with no recourse to the city general fund.
The committee considered a resolution authorizing certain amendments to the indenture of trust and loan agreement related to the city—s variable‑rate multifamily housing revenue bonds issued in 2017 for the 1601…
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