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Ordinance#230256Passed
In plain English
This ordinance allows the Real Estate Division to approve changes to certain leases related to affordable housing projects, based on recommendations from the Mayor’s Office of Housing and Community Development. It specifically addresses adjustments to residual rent payments and protections for lenders involved in these projects.
Ordinance delegating Board of Supervisors approval authority under Charter, Section 9.118 and Administrative Code, Section 23.30 to the Real Estate Division, based on the recommendation of Mayor’s Office of Housing and Community Development (“MOHCD”), to amend certain existing leases regarding residual rent payments and lender protections for 100% affordable housing projects.
How it got here
Document trail
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Leg Dig Ver1
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Leg Dig Ver2
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How they voted
FINALLY PASSED
Board of Supervisors · Oct 24, 2023Pass
5-0
PASSED ON FIRST READING
Board of Supervisors · Oct 17, 2023Pass
5-0
AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLE
Land Use and Transportation Committee · Oct 2, 2023Pass
1-0
RECOMMENDED AS AMENDED
Land Use and Transportation Committee · Oct 2, 2023Pass
1-0
CONTINUED TO CALL OF THE CHAIR
Land Use and Transportation Committee · May 1, 2023Pass
1-0
CONTINUED
Land Use and Transportation Committee · Apr 24, 2023Pass
1-0
Legislative journey
PresidentMar 7, 2023
→ASSIGNED UNDER 30 DAY RULE
Clerk of the BoardMar 10, 2023
→REFERRED TO DEPARTMENT
Land Use and Transportation CommitteeApr 24, 2023 – Oct 2, 2023
↷CONTINUEDPass
↷CONTINUED TO CALL OF THE CHAIRPass
✓RECOMMENDED AS AMENDEDPass
✎AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLEPass
Board of SupervisorsOct 17, 2023 – Oct 24, 2023
✓PASSED ON FIRST READINGPass
✓FINALLY PASSEDPass
MayorNov 3, 2023
✓APPROVED