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OCII finalizes $110M tax allocation bond sale to fund hundreds of affordable units
Summary
The commission approved preliminary and final bond documents and underwriter selections to issue approximately $110 million in 2025C tax allocation bonds, with $97.8 million earmarked for two affordable housing projects including Mission Bay South Block 4 East (Phase 1) and Candlestick Point Block 11A.
The San Francisco Commission on Community Investment and Infrastructure on Nov. 18 approved documents and underwriter selections to enable OCII to issue approximately $110 million in 2025C tax allocation bonds to finance affordable housing projects.
Nick Jones, OCII debt manager, said a project fund of about $97,800,000 would support Block 4 East Phase 1 in Mission Bay South (a 165‑unit Phase 1 element called Block…
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