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Committee advances bond issuance to rehab Saint Francis of Assisi senior community

San Francisco Board of Supervisors Budget and Finance Committee · September 7, 2016

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Summary

The committee recommended approval of a conduit financing (no recourse to the general fund) to rehabilitate 110-unit Saint Francis of Assisi Senior Community at 145 Guerrero St., preserving affordability for seniors at or below 50% of area median income; bond closing anticipated by month-end and construction completed by end of 2017.

Committee members recommended that the full Board approve an issuance resolution to provide conduit financing (no recourse to the city's general fund) for rehabilitation of the 110-unit Saint Francis of Assisi Senior Community at 145 Guerrero Street.

Adam Curry, bond…

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