Long Beach, CA
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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: The Long Beach Community Investment Company Agenda status: Draft
Meeting date/time: 1/18/2017 4:00 PM Minutes status: Draft  
Meeting location: 333 W. Ocean Boulevard 3rd Floor Conference Room
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
17-001CI 11.Special Meeting MinutesCI-Agenda ItemRecommendation to receive and file the minutes of the Special Board Meeting held held Wednesday, November 30, 2016.   Not available Not available
17-002CI 12.Election of OfficersCI-Agenda ItemRecommendation to elect The Long Beach Community Investment Company (LBCIC) Chair and Vice Chair.   Not available Not available
17-003CI 13.Century Housing - The BeaconCI-Agenda ItemRecommendation to 1. Approve additional permanent loan funds in the amount of $2,000,000 to provide a total permanent loan of $12,276,000 to a Limited Liability Company to be formed by Century Housing Corporation for the development of The Beacon apartments located 1201-1235 Long Beach Boulevard; 2. Authorize the President to negotiate an Affordable Housing Loan Agreement with a Limited Liability Company to be formed by Century Housing Corporation; and, 3. Authorize the President to execute any and all documents necessary to implement the Loan Agreement and the project.   Not available Not available
17-004CI 14.Habitat for Humanity - Henderson AvenueCI-Agenda ItemRecommendation to 1. Authorize the President or designee to negotiate and enter into a Disposition and Development Agreement for the conveyance of the properties at 1950-1960 Henderson Avenue to Habitat for Humanity Greater Los Angeles; 2. Approve a loan in the amount of $382,000 to Habitat for Humanity Greater Los Angeles to provide gap financing for the development of the properties at 1950-1960 Henderson Avenue; and 3. Authorize the President or designee to execute any and all documents necessary to implement the Disposition and Development and Loan Agreements.   Not available Not available
17-005CI 15.Housing Successor Annual ReportCI-Agenda ItemRecommendation to file the Housing Successor Annual Report Regarding the Low and Moderate Income Housing Asset Fund for Fiscal Year 2015-2016 and direct the President to post and distribute the report as required by Section 34176.1 of the California Health and Safety Code.   Not available Not available