Nature of Contract
129 Golden Gate Avenue, Vera Haile Senior Community, a 90 unit multifamily rental housing project. Bridge Loan funds that will be used to fund operations from project lease-up until execution and funding of the HUD Project Rental Assistance Contract ("PRAC") in connection with the Section 202 Program, at which time the bridge loan will be repaid.
Date Contract Approved
October 17, 2014
Amount
$810,218.00