City of Long Beach - File #: 23-003CI

• File #: 23-003CI
• Version: 1
• Name: Award of $4,000,000 in HOME funds to Holos Communities
• Type: CI-Agenda Item
• Status: Approved
• File created: 1/12/2023
• In control: The Long Beach Community Investment Company
• On agenda: 1/18/2023
• Final action: 1/18/2023
• Title: Recommendation to: 1. Approve the selection of Holos Communities (Holos) 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 Holos for the new construction of affordable rental housing units.

Date	Ver.	Action By	Action	Result
1/18/2023	1	The Long Beach Community Investment Company	approve recommendation	Pass

TITLE

Recommendation to:

1.                     Approve the selection of Holos Communities (Holos) 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 Holos for the new construction of affordable rental housing units.

SUGGESTED ACTION

Approve recommendation.