City of Long Beach - Meeting of The Long Beach Community Investment Company on 10/16/2019 at 4:00 PMhttps://longbeach.legistar.com/Gateway.aspx?M=CalendarDetail&From=RSS&ID=725880&GUID=3504C416-D4CE-4F22-8778-9373DCEE4D9FLegistar1519-035CIhttps://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4160724&GUID=AEC3638E-2AD4-4503-81F3-54DD357C0A50AEC3638E-2AD4-4503-81F3-54DD357C0A50-2023-10-30-20-47-27File #: 19-035CI<br />Ver.: 1<br />Agenda #: 1.<br />Type: CI-Agenda Item<br />Title: Recommendation to approve and file the minutes of the Regular Board meeting held on Wednesday, August 21, 2019.<br />Action: approve recommendation<br />Result: PassCI-Agenda ItemMon, 30 Oct 2023 20:47:27 GMT19-036CIhttps://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4160725&GUID=AC9E11B4-5C23-48DB-8EDE-B2FAC7445830AC9E11B4-5C23-48DB-8EDE-B2FAC7445830-2023-10-30-20-47-27File #: 19-036CI<br />Ver.: 1<br />Agenda #: 2.<br />Type: CI-Agenda Item<br />Title: Recommendation to: 1. Approve a CDBG loan in the amount of $1.5 million to Century Affordable Development Inc. for the acquisition of 6801 Atlantic Avenue; 2. Authorize the President to negotiate an Affordable Housing Loan Agreement with Century Affordable Development Inc.; and, 3. Authorize the President or designee to execute any and all documents necessary to implement the Loan Agreement and the project.<br />Action: approve recommendation<br />Result: PassCI-Agenda ItemMon, 30 Oct 2023 20:47:27 GMT