Ethics Commission
City and County of San Francisco

City Officer: Lee, Edwin – Mayor – Filed: June 21, 2012 – Contractor: Mercy Housing California XLIV, L.P. Mercy Housing Calwest, managing general partner

Nature of Contract

Bonds are comprised of 2 series which may bear interest at different rates (a) The City and County of San Francisco Multifamily Housing Revenue Bond (1180 Fourth Street) Series 2012A-1, in the amount of $25,000,000 and (b) The City and County of San Francisco Multifamily Housing Revenue Bond (1180 Fourth Street) Series 2012A-2, in the original amount of $17,000,000. The Bonds are issued for the purpose of funding a Loan to Mercy Housing California XLIV, a California limited partnership for which Mercy Housing Calwest, is the managing general partner, in order to finance a portion of the costs of the construction and equipping of 150 unit affordable housing project in the City and County of San Francisco.

Date Contract Approved

June 20, 2012

Amount

Aggregate principal amount of two Bonds. $42,000,000 City and County of San Francisco Multifamily Housing Revenue Bond (1180 Fourth Street) Series 2012A

Form

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