San Francisco County Awards Facilities Contract to Balboa Gateway LP (April 2026)
San Francisco CountyCounty · San Francisco, CA- Disclosed value
- $15,000 annual base rent; Loan not to exceed $29,280,757
- From minutes
- Approved
- Apr 7, 2026
The 30-second brief
Supervisors approved a long-term ground lease and loan package with Balboa Gateway, L.P. for a 100% affordable housing project at 105 Wisteria Lane. The deal includes a 75-year lease with a 24-year extension option at $15,000 annual rent and a City loan of up to $29,280,757 to finance development and construction.
Balboa Gateway LP holds this facilities contract with San Francisco County. Its other public contracts on record include work for City of San Francisco.
Term as filed: Ground Lease term 75 years with one 24-year option to extend; Loan minimum term 57 years.
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Contract details
- Contract type
- Facilities
- Amount
- $15,000 annual base rent; Loan not to exceed $29,280,757
- Document date
- April 7, 2026
- Term
- Ground Lease term 75 years with one 24-year option to extend; Loan minimum term 57 years
- Vendor
- Balboa Gateway LP
- Agency
- San Francisco County
- Source document
- City and County of San Francisco Board of Supervisors Meeting Minutes 2026-04-07 (Minutes)
Balboa Gateway LP's other public contracts
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Questions about this contract
Who was awarded the facilities contract by San Francisco County?
Balboa Gateway LP was awarded this facilities contract by San Francisco County, as recorded on April 7, 2026. The contract value is $15,000 annual base rent; Loan not to exceed $29,280,757.
How much is the Balboa Gateway LP contract with San Francisco County worth?
The Balboa Gateway 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 minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City and County of San Francisco Board of Supervisors Meeting Minutes 2026-04-07 (Minutes), dated April 7, 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 Gateway LP hold?
Balboa Gateway 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.