Title:
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Recommendation to
1. Approve additional funding in the amount of $1,000,000 to provide a total acquisition and development loan in the amount of $4,750,000 to AMCAL Multi-Housing, Inc. for the development of Las Ventanas Apartments located at 1795 Long Beach Boulevard;
2. Authorize the President to execute any and all documents necessary to implement an amendment to the existing Loan Agreement with AMCAL Multi-Housing, Inc.
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