Long Beach, CA
File #: 20-026CI    Version: 1 Name: HOME NOFA - Century Villages
Type: CI-Agenda Item Status: Approved
File created: 11/12/2020 In control: The Long Beach Community Investment Company
On agenda: 11/18/2020 Final action: 11/18/2020
Title: Recommendation to: 1. Approve the selection of Century Affordable Development, Inc. (CADI) for an award of HOME funds in the amount of $4,000,000; and, 2. Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with CADI for the new construction of affordable rental housing units.
Attachments: 1. HOME NOFA - Century Villages.pdf, 2. Attachment A - HOME NOFA.pdf, 3. Attachment B - CVC Map.pdf

TITLE

Recommendation to:

 

1.                     Approve the selection of Century Affordable Development, Inc. (CADI) for an award of HOME funds in the amount of $4,000,000; and,

 

2.                     Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with CADI for the new construction of affordable rental housing units.

 

 

SUGGESTED ACTION

Approve recommendation.