MEETING

Citywide Affordable Housing Loan Committee Meeting

Meeting details

Date and time

to

How to participate

Online

Microsoft Teams Call-in by phone: 415-906-4659 Phone conference ID 893 812 818
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Agenda

1

Request for preliminary gap loan for 1939 Market St.

Mercy Housing California 109 L.P., requests a preliminary gap loan in the amount of $52,360,000 for 1939 Market Street, a proposed new construction affordable housing development for families featuring 187 units for LGBTQ+ seniors, of which 40 units are for households experiencing homelessness, and 9 units are set aside for HIV positive households through the PLUS housing program.

 

Mercy Housing California 109 L.P., is a California Limited Partnership, involving Mercy Housing and Openhouse, both California nonprofit benefit corporations.

 

2

Request for preliminary gap loan for Casa Adelante at 1515 South Van Ness Avenue.

Casa Adelante SVN Housing L.P., requests a preliminary gap loan in the amount of $46,360,000 for 1515 South Van Ness Avenue, a proposed new construction affordable housing development for families featuring 168 units, of which 42 units are for families experiencing homelessness, and 5 units set aside for HIV positive households through the PLUS housing program. 

 

Casa Adelante SVN Housing L.P., a California Limited Partnership, involving Mission Economic Development Agency and Chinatown Community Development Center, both California nonprofit benefit corporations.