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City seeks conduit bond financing to rehab Columbia Park Apartments with Mercy Housing California
San Francisco Board of Supervisors, Budget and Finance Committee · September 23, 2015
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Summary
The committee forwarded an inducement resolution allowing the Mayor’s Office to apply for conduit bond financing to rehabilitate Columbia Park Apartments (50 units) with Mercy Housing California; plan would preserve 29 units at ≤60% AMI and 20 units at ≤50% AMI.
The Mayor’s Office of Housing and Community Development presented an inducement resolution for Columbia Park Apartments (1035 Folsom St.), a 50‑unit rental complex serving low‑income households, asking the committee to authorize an application to the California Debt Limit Allocation Committee for conduit bond…
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