Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee recommends financing for 14 multifamily rehab projects totaling hundreds of millions
Summary
The committee forwarded 14 issuance resolutions that together support conversion and rehabilitation of roughly 3,500 former public-housing units across nine supervisorial districts, with staff saying the package leverages over $700 million in construction resources and averages about $240,000 in rehab per unit in Phase 2.
The Budget & Finance Committee on Sept. 7 advanced 14 issuance resolutions to the full Board that authorize multifamily housing revenue notes to finance acquisition and rehabilitation of multiple rental projects across San Francisco. Lydia Ealy, senior project manager at the Mayor’s Office of Housing and Community Development (MOHCD), said the measures represent roughly three years of work to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
