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Board committee hears plan for 83-unit supportive housing at 650 Eddy, seeks CDLAC bond allocation
Summary
The Board's Budget & Finance Committee heard a staff presentation and brief public comment on a resolution to apply to the California Debt Limit Allocation Committee (CDLAC) for up to $19.5 million in tax-exempt bonds to finance 83 supportive-housing units at 650 Eddy Street in the Tenderloin.
The San Francisco Board of Supervisors’ Budget & Finance Committee on Tuesday heard a staff presentation on a proposed bond allocation to finance 83 units of supportive housing at 650 Eddy Street.
City staff said the mayor’s office of housing and the San Francisco Redevelopment Agency have invested about $5.4 million so far and that the city would apply to the California Debt…
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