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17-031CI
| 1 | 1. | July Minutes | CI-Agenda Item | Recommendation to receive and file the minutes of the Regular Board Meeting held Wednesday, July 19, 2017. | approve recommendation | Pass |
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17-032CI
| 1 | 2. | Clifford Beers Housing_1836-1852 Locust Avenue | CI-Agenda Item | Recommendation to
1. Authorize the President or designee to negotiate and enter into a Disposition and Development Agreement for the conveyance of the properties at 1836-1852 Locust Avenue to Clifford Beers Housing, Inc.;
2. Approve a loan in the amount of $2,825,000 to Clifford Beers Housing, Inc. to provide gap financing for the development of the properties at 1836-1852 Locust Avenue; and
3. Authorize the President or designee to execute any and all documents necessary to implement the Disposition and Development and Loan Agreements. | approve recommendation | Pass |
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17-033CI
| 1 | 3. | Award of CHOD funds | CI-Agenda Item | Recommendation to
1. Approve the selection of Home Ownership for Personal Empowerment (HOPE) for an award of CHDO funds in the amount of $950,000; and
2. Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with HOPE for the acquisition and rehabilitation of housing for special needs individuals. | approve recommendation | Pass |
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