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Title:
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Recommendation to deobligate a previously approved allocation of Affordable Housing Trust Fund funds in the amount of [$1,000,000] awarded to American Covenant Housing Foundation Inc. (ACHF) for the Sutro Senior Sanctuary Supportive Housing project. ACHF has stated that they are unable to complete the project and has subsequently rejected the funding. This deobligation will allow for the funding to be reallocated to other projects. The annual Affordable Housing Trust Fund report to the Board is also submitted with this staff report. Human Services Agency. (All Commission Districts.) FOR POSSIBLE ACTION
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