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Committee forwards Sixteenth Street hotel acquisition for Homekey funding
San Francisco Board of Supervisors Budget & Finance Committee · October 6, 2021
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Summary
The committee approved non‑substantive amendments and forwarded a resolution authorizing HSH to acquire 3055–3060 Sixteenth Street for $5.7M using Homekey funding; public callers generally supported hotel acquisitions as a fast, cost‑effective route to permanent housing.
The Budget & Finance Committee on Oct. 6 voted to send a resolution to the full Board that would authorize the acquisition of the property at 3055–3060 Sixteenth Street for $5.7 million and enable HSH to apply for Homekey funding.
Director McSpadden said the item had been presented previously and returned with…
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