For purposes of this Chapter 120, the following terms shall have the following meanings:
“Acquisition Programs” means MOHCD programs for the acquisition, rehabilitation, and/or preservation of multi-family residential buildings, including but not limited to the Preservation and Seismic Safety Program under Administrative Code Chapter 66, MOHCD’s Small Sites Program, and any successor acquisition, rehabilitation, and preservation programs. Acquisition Programs does not include the acquisition of vacant land.
“Affordable Housing” means (1) a single-family residential home subject to a recorded restriction to ensure affordability based on income, or (2) a multi-family residential building, including any ancillary commercial space, where 100% of the City-subsidized residential units (not including a manager’s unit) are or will be subject to a recorded regulatory restriction to ensure affordability based on income or provide permanent housing for homeless or formerly homeless persons.
“Board” means the Board of Supervisors.
“Borrower” means a recipient of a Loan.
“City” means the City and County of San Francisco.
“Declaration of Restrictions” means an agreement to be executed by the Borrower or Grantee and recorded against Property as a condition to the receipt of a Loan or Grant, that restricts the use of the Property as Affordable Housing.
“Director” means the Director of MOHCD, or the Director’s designee.
“Fund” or “Funds” means the Housing Trust Fund under Charter Section 16.110, any fund administered by MOHCD under Article XIII of Administrative Code Chapter 10, or any other fund that is administered by MOHCD for Grants or Loans under this Chapter 120.
“Grant” or “Grants” means a grant of Funds made under a Program with a term of 10 years or longer.
“Grantee” means a recipient of a Grant.
“Homeownership Programs” means programs administered by MOHCD that provide income eligible San Francisco residents with Grants or Loans to purchase or rehabilitate single-family homes.
“HOPE SF Program” means the program to revitalize the Hunters View, Alice Griffith, Sunnydale, and Potrero HOPE SF communities by replacing public housing units and building new affordable units, including related infrastructure and community facilities.
“Loan” or “Loans” means a loan of Funds made under a Program, including the modification, refinancing, or restructuring of a loan, with a term of 10 years or longer.
“Loan Committee” means the Citywide Affordable Housing Loan Committee established by and advisory to the Mayor to make recommendations related to affordable housing development, as well as insuring that underwriting standards are uniform, review of funding applications are streamlined, and funding allocations are coordinated. The members of the Loan Committee include the directors or their designees from MOHCD, the Office of Community Investment and Infrastructure, the Department of Homelessness and Supportive Housing, and the Controller’s Office, and any successor to such agencies, and also includes the director of the San Francisco Housing Authority for Loans under the HOPE SF Program or other members appointed by the Mayor.
“LOSP” means the City's Local Operating Subsidy Program that provides operating subsidies to residential buildings providing supportive housing for homeless individuals and families.
“MOHCD” means the Mayor’s Office of Housing and Community Development, or any successor agency.
“Multi-family Programs” means MOHCD programs for the acquisition, development, construction, rehabilitation, and/or preservation of multi-family residential buildings and related infrastructure and ancillary commercial space, as Affordable Housing, including but not limited to the HOPE SF Program.
“Program” means an existing or future Affordable Housing program established or funded by the City and administered by MOHCD, including Acquisition Programs, Homeownership Programs, and Multi-family Programs.
“Program Regulations” means policies, procedures, rules, guidelines, manuals or regulations published by the Director and designed to implement a Program.
“Property” means any real property used for Affordable Housing or to secure a Loan or Grant.
(Added by Ord. 202-19, File No. 190679, App. 8/9/2019, Eff. 9/9/2019)