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Budget committee forwards loans, grants and leases to full Board, including housing loan and emergency lease
Summary
The committee recommended several resolutions to the full Board, including a $31.8 million MOHCD loan for 270 Turk Street, acceptance of HRSA and HOPWA COVID-related funds, amendments to nutrition grants for elderly services, TEFRA refinancing for the San Francisco Friends School and a 10-year lease for UASI at 1663 Mission Street.
At its Sept. 2 meeting the Budget & Finance Committee forwarded multiple routine but substantive items to the full Board of Supervisors with positive recommendations.
Key items recommended to the Board included:
- A resolution authorizing the Mayor's Office of Housing and Community Development to execute loan documents for acquisition/rehabilitation or permanent financing of at-risk housing located at 270 Turk Street under MOHCD preservation programs for a total not to exceed $31,800,000; the committee noted July amendments removed the small sites program as a funding source and added an option purchase.
- Retroactive authorization for the Department of Public Health to…
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