CITYWIDE AFFORDABLE HOUSING LOAN COMMITTEE

Director, Mayor’s Office of Housing

Executive Director, San Francisco Redevelopment Agency

Special Loan Committee Meeting

Friday, February 25, 2005

11:30 A.M.

770 Golden Gate Avenue

Commission Board Room, Room 300

AGENDA

A.  REQUEST FOR FUNDS FOR EXISTING AFFORDABLE HOUSING:

      1.    68 Sixth Street (Shree Ganeshai Hotel)

              Up to $30,000 under the SRO Hotel Rehabilitation Loan Program

              Rehabilitation of 32 SRO units for low-income individuals

              68 6^th Street LLC

B.  REQUEST FOR LOAN MODIFICATION: 

1. (Mission Street Senior Housing)

Amendment of existing $2,033,174 prop a financing to convert $190,000 bridge portionto permanent financing

      New Construction of 37 units of rental housing for very low-income seniors

Housing Services Affiliate of the Bernal Heights Neighborhood Center (HAS) and                                          Mission Housing Development Corporation (MHDC)