Budget and Finance Committee, October 21, 2026
Votes on Loan purchase and permanent financing for 2059-2065 Mission Street (MEDA), 2-0
How this board votes
The Board of Supervisors approved 90% of 420 recorded land-use decisions this period. Most frequent dissent: Shamann Walton (31 of 205 recorded votes).
Parsed from the official meeting recordings. Verify against the official minutes.
See the full board record, member by memberWhat happened
San Francisco's Budget and Finance Committee continued to the call of the chair, on a 2-0 roll call, item 13: a roughly $22.2 million MOHCD loan purchase and permanent financing for MEDA's 39-unit, 100% affordable mixed-use building at 2059 to 2065 Mission Street.
- Jurisdiction
- San Francisco, CA
- Governing body
- Advisory (makes a recommendation)
- Date
- October 21, 2026
- Decisions
- 4 zoning decisions
- Outcome
- Voted, 2-0
Free sample: decision 1 of 4
Loan purchase and permanent financing for 2059-2065 Mission Street (MEDA)
Resolution covering three actions for a 39-unit mixed-use, 100% affordable building (35 residential units and 4 commercial units): MOHCD purchase of a ~$20.26M SF Housing Accelerator Fund loan, assumption of the remaining disbursement obligations, and a permanent loan of up to $22,157,500 to MEDA Small Sites LLC with a minimum 40-year term. The committee continued the item to the call of the chair, with a stated expectation of one to three weeks, because the Controller placed MEDA on Tier 3 monitoring. The BLA considered approval a policy matter. Vote 2-0 (Sautter, Dorsey).
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
San Francisco's Budget and Finance Committee continued to the call of the chair, on a 2-0 roll call, item 13: a roughly $22.2 million MOHCD loan purchase and permanent financing for MEDA's 39-unit, 100% affordable mixed-use building at 2059 to 2065 Mission Street.
Key Decisions (4)
Loan purchase and permanent financing for 2059-2065 Mission Street (MEDA)
Amended and restated lease, SF Wholesale Produce Market
SFO concession lease two-year extensions (items 2-11)
DEM Next Generation Warning System grant
Development Activity (2)
SF Market Reinvestment Project - 1900 Kirkwood building
Industrial
2059-2065 Mission Street affordable preservation
Mixed-Use
Market Signals (2)
Housing Demand
The SF Small Sites affordable preservation program is nearly fully…
Infrastructure
Rising construction costs prompted SFO to extend concession leases and…
Who Spoke (14)
On the record: the chair, a councilmember, 7 staff members, the clerk, 2 applicants, and 2 members of the public.
Meeting Intelligence Preview
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