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Committee endorses amended $89.4M master-lease agreement with Tenderloin Housing Clinic
Summary
The Budget & Finance Committee forwarded a retroactive grant agreement with Tenderloin Housing Clinic to continue property management and supportive services for 1,566 permanent supportive units; the BLA recommended trimming contingency from 19% to ~12%, an amendment the department accepted.
The Budget and Finance Committee on July 15 forwarded, by unanimous committee recommendation, a retroactive grant agreement between the City and Tenderloin Housing Clinic (THC) to manage 16 master-lease permanent supportive housing sites covering 1,566 units. The Department of Homelessness and Supportive Housing (HSH) presented the agreement, which staff had initially proposed at a $95 million not-to-exceed amount and which the Budget and Legislative Analyst recommended reducing to $89.4 million by lowering contingency from 19% to 12.
Gigi Whitley, Deputy…
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