There shall be a Loan Committee, whose members shall serve without compensation, consisting of the following members, all of whom shall be residents of the City and County:
(a) One individual, with permanent residence as a tenant in the City and County, appointed by the Mayor.
(b) One individual, with permanent residence as a tenant in the City and County, appointed by the President of the Board of Supervisors.
(c) One individual appointed by the Controller.
(d) One individual qualified in the field of real estate lending and financing who shall be appointed by the Chief Administrative Officer.
(e) One individual who is a permanent employee of the Real Estate Department.
(Added by Ord. 482-80, App. 10/17/80)