City of Long Beach - Meeting of The Long Beach Community Investment Company on 4/18/2018 at 4:00 PM

18-013CI

Mon, 30 Oct 2023 20:47:23 GMT

File #: 18-013CI
Ver.: 1
Agenda #: 1.
Type: CI-Agenda Item
Title: Recommendation to conduct the first public hearing and accept public input on the development of the 2018-2019 Annual Action Plan.
Action: approve recommendation
Result: Pass

18-014CI

Mon, 30 Oct 2023 20:47:23 GMT

File #: 18-014CI
Ver.: 1
Agenda #: 2.
Type: CI-Agenda Item
Title: Recommendation to receive and file the minutes of the Regular Board meeting held Wednesday, March 21, 2018.
Action: approve recommendation
Result: Pass

18-015CI

Mon, 30 Oct 2023 20:47:23 GMT

File #: 18-015CI
Ver.: 1
Agenda #: 3.
Type: CI-Agenda Item
Title: Recommendation to adopt the proposed budget of the Long Beach Community Investment Company for Fiscal Year 2018-2019 (FY19).
Action: approve recommendation
Result: Pass

18-016CI

Mon, 30 Oct 2023 20:47:23 GMT

File #: 18-016CI
Ver.: 1
Agenda #: 4.
Type: CI-Agenda Item
Title: Recommendation to 1. Approve a loan in the amount of $252,800 in HOME CHDO funds to Home Ownership for Personal Empowerment for the acquisition and rehabilitation of the property located at 1402 E. Washington Street; 2. Authorize the President to negotiate an Affordable Housing Loan Agreement with Home Ownership for Personal Empowerment; and, 3. Authorize the President to execute any and all documents necessary to implement the Loan Agreement and the project.
Action: approve recommendation
Result: Pass

18-017CI

Mon, 30 Oct 2023 20:47:23 GMT

File #: 18-017CI
Ver.: 1
Agenda #: 5.
Type: CI-Agenda Item
Title: Recommendation to 1. Approve an increase in the amount of $344,520 to the Notice of Funding Availability of HOME CHDO funds awarded to Home Ownership for Personal Empowerment on September 20, 2017; 2. Approve a loan in the amount of $875,920 in HOME CHDO funds to Home Ownership for Personal Empowerment for the acquisition and rehabilitation of the property located at 116 Redondo Avenue; 3. Authorize the President to negotiate an Affordable Housing Loan Agreement with Home Ownership for Personal Empowerment; and, 4. Authorize the President to execute any and all documents necessary to implement the Loan Agreement and the project.
Action: approve recommendation
Result: Pass

18-018CI

Mon, 30 Oct 2023 20:47:23 GMT

File #: 18-018CI
Ver.: 1
Agenda #: 6.
Type: CI-Agenda Item
Title: Recommendation to authorize the President or designee to enter into an Agreement to Negotiate Exclusively with LINC Housing Corporation for the purchase and development of 469 W. 17th Street, 1720-1770 Magnolia Avenue and 469 W. Pacific Coast Highway.
Action: approve recommendation
Result: Pass