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Hearing#230958Filed
In plain English

This legislation is a hearing to discuss releasing $2.9 million in reserved funds to the Mayor's Office of Housing and Community Development for a loan to the Mission Economic Development Agency. The funds will be used for acquiring and renovating a property at 566 Natoma Street in the SoMa neighborhood.

Hearing to consider the release of reserved funds to the Mayor's Office of Housing and Community Development, placed on Budget and Finance Committee reserve by Board of Supervisors Resolution No. 207-17 in the amount of $2,900,000 to provide a Small Sites Program (SSP) loan to Mission Economic Development Agency (MEDA) for the acquisition and rehabilitation of 566 Natoma Street, located in the SoMa neighborhood.

Introduced: Sep 6, 2023
Final action:
Official record ↗

How it got here

Related / predecessor legislation
↑ predecessor#170489— not yet in database
Document trail
PDF ↗
BLA Rpt 091323
Budget and Legislative Analyst
PDF ↗
PDF ↗

How they voted

HEARD AND FILED
Budget and Finance Committee · Sep 13, 2023Pass
2-0

Legislative journey

Clerk of the BoardSep 7, 2023
·RECEIVED
PresidentSep 7, 2023
RECEIVED AND ASSIGNED
Budget and Finance CommitteeSep 13, 2023
·HEARD AND FILEDPass
Clerk of the BoardSep 13, 2023
·TRANSMITTED