Lease and Loan Approved for Affordable Housing at Balboa Reservoir
San Francisco CountyCounty · San Francisco, CA- Disclosed value
- $15,000 Annual Base Rent; Loan Not to Exceed $29,280,757
- From agenda
- Document date
- Mar 10, 2026
- Renews
- Free account
The 30-second brief
The Board is considering approval of a 75-year ground lease at 105 Wisteria Lane with Balboa Lee Avenue, L.P. at $15,000 annual base rent and an amended loan agreement not to exceed $29.28 million, to support a 158-unit affordable housing construction.
Balboa Lee Avenue LP holds this facilities contract with San Francisco County.
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Contract details
- Contract type
- Facilities
- Amount
- $15,000 Annual Base Rent; Loan Not to Exceed $29,280,757
- Document date
- March 10, 2026
- Term
- Ground Lease: 75 years with one 24-year extension option; Loan Agreement minimum term: 57 years
- Renews
- Free account
- Vendor
- Balboa Lee Avenue LP
- Agency
- San Francisco County
- Source document
- San Francisco Board of Supervisors Agenda March 10 2026 (Agenda)
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Questions about this contract
Who was awarded the facilities contract by San Francisco County?
Balboa Lee Avenue LP was awarded this facilities contract by San Francisco County, as recorded on March 10, 2026. The contract value is $15,000 Annual Base Rent; Loan Not to Exceed $29,280,757.
How much is the Balboa Lee Avenue LP contract with San Francisco County worth?
The Balboa Lee Avenue LP contract with San Francisco County is valued at $15,000 Annual Base Rent; Loan Not to Exceed $29,280,757, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in San Francisco Board of Supervisors Agenda March 10 2026 (Agenda), dated March 10, 2026 from San Francisco County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Balboa Lee Avenue LP hold?
Balboa Lee Avenue LP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is San Francisco County currently buying?
Explore San Francisco County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.