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Committee backs multiple conduit financings for new affordable housing developments
San Francisco Board of Supervisors Budget and Finance Committee · September 7, 2017
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Summary
The committee recommended forwarding to the full Board several conduit financing resolutions for four all‑affordable new developments (1950 Mission, 490 South Van Ness, 455 Fell Street, 1296 Shotwell) that do not displace current residents and would reserve units at various AMI levels.
Adam Cray, bond program manager at the Mayor’s Office of Housing and Community Development, presented four related resolutions authorizing conduit financings and applications to the California Debt Limit Allocation Committee for new, all‑affordable developments: 1950 Mission (up…
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