# Board of Supervisors Minutes: June 9, 2026 - Meeting date: 2026-06-09 - Document type: minutes - Source format: PDF - Extracted pages: 41 - [Canonical HTML transcript](https://sfbos.info/documents/2144/2026-06-09-minutes) - [Authoritative City source](https://sfgov.legistar.com/View.ashx?M=M&ID=1422326&GUID=D87CCFCB-B5D6-4D76-88A5-7C40684E2142) > This text was extracted for search and accessibility. The linked City source is the authoritative public record. ## Structured legislative records ### File 260546: Apply for Grants - California Proposition 4 Grants - Climate Bond - Pages: 12-13 - Sponsors: Mayor - Vote 1: adoption, likely final - Action: 260546 [Apply for Grants - California Proposition 4 Grants - Climate Bond] Sponsor: Mayor Resolution authorizing all City and County of San Francisco Departments to submit applications for all grants funded by the 2024 Climate Bond (California Proposition 4) for which they are eligible. Resolution No. 349-26 ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong - Excused: Fielder ### File 260547: Ground Lease and Amended and Restated Loan Agreement - 1820 Post Street - 100% Affordable Housing - Loan Not to Exceed $22,578,308 - $15,000 Annual Base Rent - Pages: 13 - Sponsors: Mayor - Vote 1: adoption, likely final - Action: with Golden Gate Apartments, L.P. (“Borrower”), for a lease term of 75 years and one 24-year option to extend and an annual base rent of $15,000 (“Ground Lease”) in order to rehabilitate a 100% affordable, 72-unit multifamily rental housing development for low-income households (“Project”); 2) approving and authorizing the Mayor and Director of MOHCD to execute an Amended and Restated Loan Agreement to provide the Borrower with a loan in an aggregate amount not to exceed $22,578,308 to finance the Project; 3) adopting findings that the Project and proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; 4) affirming the Planning Department’s determination under the California Environmental Quality Act; and 5) authorizing the Director of Property and/or the Director of MOHCD or their designee to execute any documents related to the Ground Lease and the Amended and Restated Loan Agreement for the Project and make certain modifications to such documents, as defined herein, and take certain actions in furtherance of this Resolution, as defined herein. (Fiscal Impact) Resolution No. 350-26 ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong - Excused: Fielder ### File 260548: Multifamily Housing Revenue Note - Golden Gate Apartments, L.P. - Golden Gate Apartments - 1820 Post Street - Not to Exceed $18,736,700 - Pages: 13-14 - Sponsors: Mayor - Vote 1: adoption, likely final - Action: exceed $18,736,700 for the purpose of providing financing for the rehabilitation of a 71-unit (plus one manager’s unit) multifamily rental housing project located at 1820 Post Street, known as “Golden Gate Apartments”; approving the form of and authorizing the execution of a funding loan agreement, providing the terms and conditions of the loan from the funding lender to the City, and the execution and delivery of the note; approving the form of and authorizing the execution of a project loan agreement providing the terms and conditions of the loan from the City to Golden Gate Apartments, L.P. (“Borrower”); approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; authorizing the collection of certain fees; approving modifications, changes and additions to the documents, as defined herein; ratifying and approving any action heretofore taken in connection with the back-to-back loans, the note and the project, as defined herein; and granting general authority to City officials to take actions necessary to implement this Resolution and related matters, as defined herein. Resolution No. 351-26 ADOPTED by the following vote: - Ayes: Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong - Excused: Fielder - Vote 2: referral - Action: City and County of San Francisco Page 530 Printed at 3:58 pm on 7/13/26 Board of Supervisors Meeting Minutes 6/9/2026 Referred Without Recommendation From the Budget and Finance Committee Supervisor Walton Excused From Voting Supervisor Walton requested to be excused from voting on File No. 260559, due to a possible conflict of interest. Supervisor Chan, seconded by Supervisor Chen, moved that Supervisor Walton be excused from voting on File No. 260559. The motion carried by the following vote: - Ayes: Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Wong - Excused: Fielder, Walton ## Extracted text ### [Page 13](https://sfbos.info/documents/2144/2026-06-09-minutes#page-13) Board of Supervisors Meeting Minutes 6/9/2026 260547 [Ground Lease and Amended and Restated Loan Agreement - 1820 Post Street - 100% Affordable Housing - Loan Not to Exceed $22,578,308 - $15,000 Annual Base Rent] Sponsor: Mayor Resolution 1) approving and authorizing the Director of Property and the Mayor’s Office of Housing and Community Development (“MOHCD”) to enter into a Ground Lease for real property owned by the City and located at 1820 Post Street with Golden Gate Apartments, L.P. (“Borrower”), for a lease term of 75 years and one 24-year option to extend and an annual base rent of $15,000 (“Ground Lease”) in order to rehabilitate a 100% affordable, 72-unit multifamily rental housing development for low-income households (“Project”); 2) approving and authorizing the Mayor and Director of MOHCD to execute an Amended and Restated Loan Agreement to provide the Borrower with a loan in an aggregate amount not to exceed $22,578,308 to finance the Project; 3) adopting findings that the Project and proposed transactions are consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1; 4) affirming the Planning Department’s determination under the California Environmental Quality Act; and 5) authorizing the Director of Property and/or the Director of MOHCD or their designee to execute any documents related to the Ground Lease and the Amended and Restated Loan Agreement for the Project and make certain modifications to such documents, as defined herein, and take certain actions in furtherance of this Resolution, as defined herein. (Fiscal Impact) Resolution No. 350-26 ADOPTED by the following vote: Ayes: 10 - Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong Excused: 1 - Fielder 260548 [Multifamily Housing Revenue Note - Golden Gate Apartments, L.P. - Golden Gate Apartments - 1820 Post Street - Not to Exceed $18,736,700] Sponsor: Mayor Resolution approving for purposes of the Internal Revenue Code of 1986, as amended, authorizing the execution and delivery of a multifamily housing revenue note in one or more series in an aggregate principal amount not to exceed $18,736,700 for the purpose of providing financing for the rehabilitation of a 71-unit (plus one manager’s unit) multifamily rental housing project located at 1820 Post Street, known as “Golden Gate Apartments”; approving the form of and authorizing the execution of a funding loan agreement, providing the terms and conditions of the loan from the funding lender to the City, and the execution and delivery of the note; approving the form of and authorizing the execution of a project loan agreement providing the terms and conditions of the loan from the City to Golden Gate Apartments, L.P. (“Borrower”); approving the form of and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; authorizing the collection of certain fees; approving modifications, changes and additions to the documents, as defined herein; ratifying and approving any action heretofore taken in connection with the back-to-back loans, the note and the project, as defined herein; and granting general authority to City officials to take actions necessary to implement this Resolution and related matters, as defined herein. Resolution No. 351-26 ADOPTED by the following vote: Ayes: 10 - Chan, Chen, Dorsey, Mahmood, Mandelman, Melgar, Sauter, Sherrill, Walton, Wong Excused: 1 - Fielder City and County of San Francisco Page 530 Printed at 3:58 pm on 7/13/26