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Committee advances two housing finance resolutions for Mission Bay and Fillmore rehab projects
Summary
The committee forwarded bond resolutions to support construction of 141 units at Mission Bay South Block 9 and financing for rehabilitation of 104 units at Frederick Douglass Haines Apartments; both actions were moved to the full Board with positive recommendations and were described as conduit financing with no city repayment obligation.
On May 20 the Budget & Finance Committee advanced two housing finance resolutions to the full Board.
Item 5 authorizes issuance of multifamily housing revenue notes up to approximately $49.1 million to finance construction of Mission Bay South Block 9, a 141‑unit multifamily rental project…
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