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SFGTV August 18, 2014

Have a marketing plan how to reach out to your target populations. We dont have a marketing plan yet but well have one at the time, we Close Construction and start the outreach to help people with readiness and so thrill be lazy an 18 month period having to ask consultants to get when the loiter happens for people to rise to the top and be ready to hopefully be eligible and be approved to rent. Unit there. Those are all rentals. Yes. Are we going to get an update on the certificate of classification. Will it be improved a lot better no. Were about to do a presentation on another item related to the fact and well touch deeper on the co p program. Certainly hass as part of the mou as the Mayors Office 90 days after project lisa is a report that the Mayors Office of housing i
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SFGTV August 27, 2014

General public. The project financing is ken conventional theres the ocii gap funding and 4 percent tax quality and 4 percent bonds and a First Mortgage in a private bank and developer fee. The agreement that were requesting approval for today is an amended and restated Loan Agreement ive mentioned that wraps into the former 2 hundred 4 zero million in predevelopment funding and additional funding and construction funding. The terms of the loan 3 percent Interest Rate it has a 55 year term and has a residual term that is consistent with all our loans we do. The project is also going to a ground floor lease for 99 years. Ocii will remain the ownership of the lands and at the completion the transfer at completion again consistent with ocii assets will be transferring the land the ground lease to the
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SFGTV August 16, 2014

And achieving 90 percent occupancy in spring of had 2017 and closing out the project the contract staff is working with the Small Business requirements. Telling you thus far the developers have achieved a strong support and with gonzales architects its a filipino owned s g e. The developer is looking at forward to have the participation in the development phase. Today, the Developer Team is here and lisa grady and Whitney Jones from cac is here i want to ask the rest of the team to stand for a moment. Thank you very much. And with that, that that concludes my presentation. And were happy to answer any questions you may have thank you. Madam secretary do we have any speaker cards yes. One dr. Espanola jackson. Item 5 d. Excuse me. I dont want b but i will speak on it absolutely. I thought i was doing c im sorry baby someth ....

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SFGTV August 9, 2014

To be here to present this request for a Housing Project on mission bay boulevard also known as as Mission Bay South block west. The request today is for the gap funding which includes for Construction Funding for 16. 7 excuse me. 16,759,000 that wraps the 2 million predevelopment funding that was previously approved and 17. 5 million for construction. I realize youve recently seen the Schematic Design and approved it conditioning but i want to refresh our memory on some of the block 7 approvals. It has a relatively long history. In november 2005 and march into custody ucsf entered into the d da to develop of the Affordable Housing at its own expense by certain date in june 2011 the citywide
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SFGTV August 11, 2014

City. This is hard to see between 197 and 2013 those are the ellis act evictions its throughout the city. We believe on a per capita basis San Francisco is the highest city with the highest level of ellis act evictions in the state so the mayor and board of supervisors put together this emergency displacements program unfortunately, the people that are being evicted are in rent control units and the rents were 600 a month and evicted into a market of 3,000 a month. So its very difficult for folks to find a place once their evicted from a rent controlled unit the Mayors Office of housing of and Development Asked to look at the ellis act program thats why im here. We also implement the cortex o p program so it makes sense for us to dot ellis act. What do we do. First of all, i cant say enough or loud or
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