Skip to content
San Francisco Meetings

Budget and Finance Committee, March 25, 2026

Recommends approval: Balboa Reservoir Building A multifamily housing revenue note, 3-0

1h 15m11,385 words
7 mentionsapprovedSan Francisco, CA
Just researching this meeting? Get free San Francisco alerts

How this board votes

The Board of Supervisors approved 90% of 463 recorded land-use decisions this period. Most frequent dissent: Shamann Walton (31 of 216 recorded votes).

Parsed from the official meeting recordings. Verify against the official minutes.

See the full board record, member by member

What happened

On March 25, 2026, the Budget and Finance Committee recommended approval of Balboa Reservoir Building A multifamily housing revenue note (3-0).

The San Francisco Budget and Finance Committee forwarded all eight items to the full board with recommendation, most notably items seven and eight authorizing a ground lease, a $29.9 million gap loan, and up to $112.7 million in housing revenue bonds for Balboa Reservoir Building…

Meeting key facts
Jurisdiction
San Francisco, CA
Governing body
Advisory (makes a recommendation)
Date
March 25, 2026
Decisions
8 zoning decisions
Outcome
Recommends approval, 3-0
Next step
Final board vote (pending)

Free sample: decision 1 of 8

Hallmark Aviation Services contract modification (SFO)

Resolution approving modification number three to a contract with Hallmark Aviation Services LP for airport information and guest assistance services at SFO, extending the term one year through 06/30/2027 and increasing the contract by ~$10,400,000 for a new total not to exceed ~$30,400,000. Referred to full board with recommendation, 3-0.

The other decisions are listed below. Available full write-ups and conditions are included with Pro.

Get every San Francisco meeting with full decisions, votes, and zoning details, within hours of each session.

San Francisco access in Pro, $39/month.

Key Decisions (8)

Recommends Approval

Hallmark Aviation Services contract modification (SFO)

Vote: 3-0Moved by Connie Chan
Recommends Approval

Sapient Corporation contract amendment (Assessor-Recorder SMART system)

Vote: 3-0Moved by Connie Chan
Recommends Approval

CalFresh stopgap emergency gift card contract with SF Marin Food Bank

Vote: 3-0Moved by Connie Chan
Decided

DPH health access point contract amendment - San Francisco AIDS Foundation

Vote: 3-0Moved by Connie Chan
Recommends Approval

DPH health access point contract amendment - Rafiki Coalition

Vote: 3-0Moved by Connie Chan
Recommends Approval

DPH health access point contract amendment - Instituto Familiar de la Raza

Vote: 3-0Moved by Connie Chan
Decided

Balboa Reservoir Building A ground lease and gap loan

Vote: 3-0Moved by Connie Chan
Recommends Approval

Balboa Reservoir Building A multifamily housing revenue note

Vote: 3-0Moved by Connie Chan

4 recorded roll calls, member by member, in Pro.

Full write-ups and conditions for all 8 decisions in Pro.

Development Activity (2)

Balboa Reservoir Building A

Residential

Balboa Reservoir infrastructure - Phase 1

Infrastructure

Market Signals (3)

Housing Demand

San Francisco is advancing 100% affordable housing at Balboa Reservoir…

Infrastructure

The city reprioritized and provided an infrastructure loan to advance…

Commercial Demand

SFO is expanding guest-services staffing to support the Terminal 3…

Who spoke

12 distinct speakers; 11 identified names.

All speaker roles: 1 Chair, 1 Clerk, 7 Staff, 2 Councilmember, 1 Public.

Identified name roles: 1 Chair, 1 Clerk, 7 Staff, 2 Councilmember.

Speaker sample: Diana Volek, Staff.

10 more identified names in Pro: 1 Chair, 1 Clerk, 6 Staff, 2 Councilmember.

Full speaker roster in Pro

Meeting audio

Listen to the recording and select a timestamp with Pro.

Audio in Pro

Zoning terms (1)

7 recorded timestamps

  • approved (7 timestamps)

Decision moments (8)

Ask this meeting anything

The transcript is ready. Ask questions with answers cited to this meeting in Pro.

Meeting Q&A in Pro

Questions you can ask

  • What were the recorded votes?
  • Who spoke, and what did they discuss?

Go deeper on this meeting

8 recorded decisions. Available full write-ups are included with Pro for San Francisco.

Full write-up and conditions in Pro

Follow San Francisco

Get the agenda when a meeting is posted, plus decision and analysis alerts.

We'll email you a 6-digit code, no password.

or