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19-032CI
| 2 | 1. | Minutes of the Regular Board meeting held Wednesday, June 19, 2019. | CI-Agenda Item | Recommendation to receive and file the minutes of the Regular Board meeting held on Wednesday, June 19, 2019. | approve recommendation | Pass |
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19-030CI
| 1 | 2. | Century-Woodbridge Loan | CI-Agenda Item | Recommendation to:
1. Approve a HOME loan in the amount of $1.1 million to Century Affordable Development Inc. for the acquisition, rehabilitation, and preservation of 1117 Elm Avenue and 421 West 33rd Street;
2. Authorize the President to negotiate an Affordable Housing Loan Agreement with Century Affordable Development 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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19-031CI
| 1 | 3. | Approval of a HOME Loan to Home Ownership for Personal Empowerment (HOPE) for the Acquisition and Rehabilitation of 4713 Clark Avenue (CD 5) | CI-Agenda Item | Recommendation to:
1. Approve a HOME loan in the amount of $1.18 million to Home Ownership for Personal Development (HOPE) for the acquisition and rehabilitation of 4713 Clark Avenue;
2. Authorize the President to negotiate an Affordable Housing Loan Agreement with Home Ownership for Personal Empowerment; 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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