Hearing to consider the release of reserved funds to the Mayor's Office of Housing and Community Development, in the amount of $5,000,000 placed on Budget and Finance Committee reserve by Resolution No. 207-17, to provide a Small Sites Program loan to Mission Housing Development Corporation for the acquisition and rehabilitation of the Gran Oriente Filipino Hotel, a 24-unit Single Room Occupancy building located within the boundaries of SoMa.

Committee

Budget and Finance Sub-Committee

Requested by

Mayor’s Office of Housing and Community Development

Introduced

March 9, 2018

Passed

March 22, 2018