Long Beach, CA
Meeting Name: The Long Beach Community Investment Company Agenda status: Final
Meeting date/time: 4/18/2018 4:00 PM Minutes status: Final  
Meeting location: 333 W. Ocean Boulevard 3rd Floor Conference Room
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
18-013CI 11.2018-2019 Annual Action Plan_Staff ReportCI-Agenda ItemRecommendation to conduct the first public hearing and accept public input on the development of the 2018-2019 Annual Action Plan.approve recommendationPass Action details Not available
18-014CI 12.Draft Meeting Minutes - MarchCI-Agenda ItemRecommendation to receive and file the minutes of the Regular Board meeting held Wednesday, March 21, 2018.approve recommendationPass Action details Not available
18-015CI 13.FY19 LBCIC BudgetCI-Agenda ItemRecommendation to adopt the proposed budget of the Long Beach Community Investment Company for Fiscal Year 2018-2019 (FY19).approve recommendationPass Action details Not available
18-016CI 14.HOPE_Washington Street_Staff ReportCI-Agenda ItemRecommendation to 1. Approve a loan in the amount of $252,800 in HOME CHDO funds to Home Ownership for Personal Empowerment for the acquisition and rehabilitation of the property located at 1402 E. Washington Street; 2. Authorize the President to negotiate an Affordable Housing Loan Agreement with Home Ownership for Personal Empowerment; and, 3. Authorize the President to execute any and all documents necessary to implement the Loan Agreement and the project.approve recommendationPass Action details Not available
18-017CI 15.HOPE_Redondo Avenue_Staff ReportCI-Agenda ItemRecommendation to 1. Approve an increase in the amount of $344,520 to the Notice of Funding Availability of HOME CHDO funds awarded to Home Ownership for Personal Empowerment on September 20, 2017; 2. Approve a loan in the amount of $875,920 in HOME CHDO funds to Home Ownership for Personal Empowerment for the acquisition and rehabilitation of the property located at 116 Redondo Avenue; 3. Authorize the President to negotiate an Affordable Housing Loan Agreement with Home Ownership for Personal Empowerment; and, 4. Authorize the President to execute any and all documents necessary to implement the Loan Agreement and the project.approve recommendationPass Action details Not available
18-018CI 16.LINC ENA_Staff ReportCI-Agenda ItemRecommendation to authorize the President or designee to enter into an Agreement to Negotiate Exclusively with LINC Housing Corporation for the purchase and development of 469 W. 17th Street, 1720-1770 Magnolia Avenue and 469 W. Pacific Coast Highway.approve recommendationPass Action details Not available