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Committee forwards TEFRA resolution for Related California Mariposa project to full Board
San Francisco Board of Supervisors Finance Committee · November 2, 2016
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Summary
The Finance Committee forwarded a TEFRA resolution allowing conduit financing up to $240 million for an approximately 299‑unit multifamily project (addresses including 1601 Mariposa) so the project can participate in a CDLAC program; the motion passed without objection.
The committee considered a TEFRA resolution for a Related California‑sponsored multifamily housing project at multiple city addresses including 1601 Mariposa. MOHCD stated this is a conduit financing that does not pledge city funds for bond…
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