San Francisco/Board of Supervisors/Proposals/Resolution authorizing an application by the Mayor’s Office of Housing to the California Debt Limit Allocation Committee to permit the issuance of Single Family Housing Bonds in an aggregate amount not to exceed $10,115,243 to enable the purchase of Real Estate Owned (REO) single family units by low and moderate income households and the refinance of subprime and adjustable rate mortgages (ARM) to 30 and 40 year amortized fixed mortgages for low and moderate income households in single family ho

EnactedResolutionLegistar San Francisco

Resolution authorizing an application by the Mayor’s Office of Housing to the California Debt Limit Allocation Committee to permit the issuance of Single Family Housing Bonds in an aggregate amount not to exceed $10,115,243 to enable the purchase of Real Estate Owned (REO) single family units by low and moderate income households and the refinance of subprime and adjustable rate mortgages (ARM) to 30 and 40 year amortized fixed mortgages for low and moderate income households in single family ho

Introduced September 23, 2008

What This Means

The Mayor's Office of Housing would apply for Single Family Housing Bonds in an amount not exceeding $10,115,243 to enable low and moderate income households to purchase foreclosed single-family homes and refinance subprime mortgages into 30 or 40 year fixed-rate mortgages.

Plain language summary generated by AI · Civitics

Community Position

Community Comments

Comment Period

This proposal is not currently open for public comment.

Details

TypeResolution

IntroducedSeptember 23, 2008