CONTRACTPENDING

City to finance Balboa Reservoir Building E affordable housing

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Document date
Sep 9, 2025

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THE 30-SECOND BRIEF

What it covers

The Board will consider authorizing a multifamily housing revenue note of up to $84.1 million and a corresponding project loan agreement with Balboa Lee Avenue, L.P. to finance construction of the 127-unit Balboa Reservoir Building E affordable housing development. The action also approves related regulatory and financing documents and authorizes associated fees.

Who holds it

Balboa Lee Avenue LP holds this financial services contract with San Francisco County.

What happens next

Term as filed: Loan term as provided in project loan agreement (not specified in summary).

Contract details

Contract type
Financial Services
Document date
September 9, 2025
Term
Loan term as provided in project loan agreement (not specified in summary)
Source document
City and County of San Francisco Board of Supervisors Meeting Agenda September 9 2025 (Agenda)

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Questions about this contract

Who was awarded the financial services contract by San Francisco County?

Balboa Lee Avenue LP was awarded this financial services contract by San Francisco County, as recorded on September 9, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City and County of San Francisco Board of Supervisors Meeting Agenda September 9 2025 (Agenda), dated September 9, 2025 from San Francisco County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

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