City of Long Beach - Meeting of The Long Beach Community Investment Company on 11/19/2014 at 4:00 PM

14-032CI

Mon, 30 Oct 2023 20:47:12 GMT

File #: 14-032CI
Ver.: 2
Agenda #: 1.
Type: CI-Agenda Item
Title: Recommendation to receive and file the minutes of the Regular Board Meeting held on Wednesday, September 17, 2014.
Action: received and filed
Result: Pass

14-033CI

Mon, 30 Oct 2023 20:47:12 GMT

File #: 14-033CI
Ver.: 1
Agenda #: 2.
Type: CI-Agenda Item
Title: Recommendation to receive and file the minutes of the Special Board Meeting held on Thursday, October 16, 2014.
Action: received and filed
Result: Pass

14-035CI

Mon, 30 Oct 2023 20:47:12 GMT

File #: 14-035CI
Ver.: 1
Agenda #: 3.
Type: CI-Agenda Item
Title: Recommendation to Approve Change Order Number 1 in the amount of $58,230 for the Multi-Family Rehabilitation Loan issued to the owner of the property located at 845 to 849 1/2 Orange Avenue, with conditions.
Action: approve recommendation
Result: Pass

14-036CI

Mon, 30 Oct 2023 20:47:12 GMT

File #: 14-036CI
Ver.: 1
Agenda #: 4.
Type: CI-Agenda Item
Title: Recommendation to approve a CalHome loan in the amount of $57,000 to Karen Palmer for the rehabilitation of the property at 241 Orleans Way, and authorize the President to approve change orders within the approved budget.
Action: approve recommendation
Result: Pass

14-038CI

Mon, 30 Oct 2023 20:47:12 GMT

File #: 14-038CI
Ver.: 1
Agenda #: 5.
Type: CI-Agenda Item
Title: Recommendation to approve a CalHome loan in the amount of $57,000 to Flora Ornelas for the rehabilition of the property at 6536 Johnson Ave., and authorize the President to approve change orders within the approved budget.
Action: approve recommendation
Result: Pass

14-039CI

Mon, 30 Oct 2023 20:47:12 GMT

File #: 14-039CI
Ver.: 1
Agenda #: 6.
Type: CI-Agenda Item
Title: Recommendation to approve a CalHome loan in the amount of $57,000 to Jerome Brouard for the rehabilitation of the property at 6930 Belhurst Avenue, and authorize the President to approve change orders within the approved budget.
Action: approve recommendation
Result: Pass

14-034CI

Mon, 30 Oct 2023 20:47:12 GMT

File #: 14-034CI
Ver.: 1
Agenda #: 7.
Type: CI-Agenda Item
Title: Recommendation: 1. Approve a modification to the resale restrictions for all Coronado borrowers to waive the requirement to sell to qualified moderate-income buyers during the first seven years of ownership, allow sales to market rate buyers during the remainder of the initial seven year period, accelerate the start date of the required contingent deferred interest to the time of sale; and 2. Authorize the President to execute any and all documents necessary to implement the Modification.
Action: approve recommendation
Result: Pass

14-037CI

Mon, 30 Oct 2023 20:47:12 GMT

File #: 14-037CI
Ver.: 1
Agenda #: 8.
Type: CI-Resolution
Title: Recommendation to adopt the attached resolution authorizing the President or designee to execute all necessary documents related to active CalHome grants awarded to the former Long Beach Housing Development Company.
Action: approve recommendation and adopt
Result: Pass