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Committee moves multiple grants and loans to full Board, including $30M Treasure Island award and several resiliency and park grants
Summary
The Budget and Finance Committee recommended that the full Board accept several grants and loans: $30 million HCD infill grant for Treasure Island, FEMA Port Security grant to SFPD ($1.1M), PSPS/community resiliency grants ($378K and $189K), and park grants for McLaren Park (two awards totaling $457K), plus a $550K OEWD loan program expansion.
The Budget and Finance Committee on July 28 forwarded a package of grant and loan resolutions to the full Board with positive recommendations.
Key items recommended:
- Treasure Island Development Authority: authorization to accept a $30,000,000 infill infrastructure grant from the California Department of Housing and Community Development to fund streets, retaining walls, bicycle and pedestrian improvements and a transit lane on Yerba Buena Island (Bob Beck, TIDA). "This proposed accept and expend resolution would authorize ... to accept and expend the $30,000,000 award from…
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