19-021CI
| 1 | 1. | Minutes of Regular Board Mtg 04/17/2019 | CI-Agenda Item | Recommendation to approve and file the minutes of the Regular Board meeting held Wednesday, April 17, 2019. | approve recommendation | Pass |
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19-022CI
| 1 | 2. | Minutes of Special Board Meeting on 06/05/2019 | CI-Agenda Item | Recommendation to approve and file the minutes of the Special Board meeting held on Wednesday, June 5, 2019. | approve recommendation | Pass |
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19-024CI
| 2 | 4. | Approval of a HOME Loan to MRK Partners | CI-Agenda Item | Recommendation to:
1. Approve a HOME loan in the amount of $750,000 to MRK Partners Inc. for the acquisition, rehabilitation, and preservation of the property located at 3799 East Willow Street;
2. Authorize the President to negotiate an Affordable Housing Loan Agreement with MRK Partners Inc.; and,
3. Authorize the President or designee to execute any and all documents necessary to implement the Loan Agreement and the project. | approve recommendation | Pass |
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19-023CI
| 1 | 3. | Donation from the Gotama Temple | CI-Agenda Item | Recommendation to Accept a donation from the Gotama Temple in the amount of $500 for the Neighborhood Leadership Program. | approve recommendation | Pass |
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19-025CI
| 1 | 5. | LINC PCH/Mag Loan | 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 469 W. 17th Street, 1720-1770 Magnolia Avenue and 469 W. Pacific Coast Highway to LINC Housing Corporation;
2. Approve a loan in the amount of up to $2,250,000 to LINC Housing Corporation to provide gap financing for the development of the properties at 469 W. 17th Street, 1720-1770 Magnolia Avenue and 469 W. Pacific Coast Highway; 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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19-026CI
| 1 | 6. | HOME NOFA - Bridge Housing | CI-Agenda Item | Recommendation to:
1. Approve a HOME loan in the amount of up to $4,000,000 to BRIDGE Housing Corporation for the development of the properties located at 1205-1209 Walnut/1500 E. Anaheim Street;
2. Authorize the President to negotiate an Affordable Housing Loan Agreement with BRIDGE Housing Corporation; and,
3. Authorize the President or designee to execute any and all documents necessary to implement the Loan Agreement and the project. | approve recommendation | Pass |
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19-027CI
| 1 | 7. | HOME CHDO NOFA 2019 | 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 $1.2 million; 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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19-028CI
| 1 | 8. | Discussion on Distribution of Agenda Materials | CI-Agenda Item | Distribution of Agenda Materials. | received and filed | |
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