Long Beach, CA
File #: 19-006CI    Version: 1 Name: NOFA Century
Type: CI-Agenda Item Status: Approved
File created: 2/13/2019 In control: The Long Beach Community Investment Company
On agenda: 2/20/2019 Final action: 2/20/2019
Title: Recommendation to 1. Approve the selection of Century Affordable Development, Inc (Century) for an award of HOME funds in the amount of $1.1 million; and, 2. Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with Century for the acquisition and rehabilitation of 1117 Elm Avenue and 421 West 33rd Street.
Attachments: 1. HOME NOFA - Century_Staff Report.pdf, 2. ATTACHMENT A - CENTURY_HOME NOFA.pdf, 3. ATTACHMENT B- Century.pdf

TITLE

Recommendation to

 

1. Approve the selection of Century Affordable Development, Inc (Century) for an award of HOME funds in the amount of $1.1 million; and,

 

2. Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with Century for the acquisition and rehabilitation of 1117 Elm Avenue and 421 West 33rd Street.

 

SUGGESTED ACTION

Approve recommendation.