Budget and Finance Committee (Jan 7, 2026) recommends SFO rent reductions, multiple grants, and housing subsidies
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The Budget and Finance Committee met January 7, 2026 at 10:00 AM in City Hall Legislative Chamber (Room 250). Members Connie Chan (Chair), Matt Dorsey (Vice Chair), and newly appointed Member Chyanne Chen were present. The Committee heard and acted on agenda items including an amended Airport Food & Beverage rent-reduction program, multiple accept-and-expend grants (including two U.S. Department of Energy prizes), several housing financing and subsidy resolutions (including 967 Mission and RSU Associates projects), public health grant agreements, and a DPH contract amendment. Most resolutions were moved and recommended by unanimous vote (Ayes: Chan, Dorsey, Chen). The meeting adjourned at 11:39 a.m.
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Key decisions
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- File 251170: Airport Food & Beverage Minimum Annual Guarantee and Pre-Security Percentage Rent Reduction Program — AMENDED (Attachment A updated) and RECOMMENDED AS AMENDED (Ayes: Chan, Dorsey, Chen).
- File 251168: Accept and Expend Grant (US DOE Buildings Upgrade Challenge, Phase 1) — retroactive authorization to accept $400,000; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251169: Accept and Expend Grant (US DOE Buildings Upgrade Challenge, Phase 2) — retroactive authorization to accept $400,000; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251257: Accept and Expend Grant (Blue Cross of California Partnership Plan) — $268,000 for Housing and Homelessness Incentive Program Funding; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251258: Accept and Expend Grant (San Francisco Health Plan) — $1,072,000 for Housing and Homelessness Incentive Program Funding; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251263: Grant Agreement (RSU Associates, L.P.) — retroactive operating subsidy up to $15,369,361 for supportive housing at 78 Haight St and 120 Octavia St; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251264: Multifamily Housing Revenue Notes (967 Mission) — financing authorization not to exceed $41,750,000; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251265: Ground Lease and Amended/Restated Loan Agreement (967 Mission, LP) — approve ground lease and loan authority, loan not to exceed $44,318,000 and $15,000 annual base rent; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251266: Grant Agreement (Senior Operating Subsidy — 967 Mission, LP) — up to $10,548,907 for 15 years; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251186: Accept and Expend Grant (San Francisco General Hospital Foundation) — $6,755,486.26 for ZPCQI Round 3 program; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251188: Accept and Expend Grant (California Department of Health DIS Workforce Development) — $1,123,180; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251166: Contract Amendment (A&A Health Services) — rehabilitative board and care services amendment, total not to exceed $32,654,875; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251259: Grant Agreement (BHCIP Round 1 — 887 Potrero Ave) — anticipated revenue $21,347,760; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- File 251260: Grant Agreement (BHCIP Round 1 — 333 7th St) — anticipated revenue $6,337,140; RECOMMENDED (Ayes: Chan, Dorsey, Chen).
- Committee membership: President Rafael Mandelman appointed Supervisor Chyanne Chen to the Budget and Finance Committee for this meeting.
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Budget and Finance Committee (1/7/2026 10:00 AM)
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