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19-035CI
| 1 | 1. | Minutes of the Regular Meeting Held Wednesday, August 21, 2019 | CI-Agenda Item | Recommendation to approve and file the minutes of the Regular Board meeting held on Wednesday, August 21, 2019. | approve recommendation | Pass |
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19-036CI
| 1 | 2. | Approval of a CDBG Loan to Century Affordable Development, Inc. for the Acquisition of 6801 Atlantic Avenue (CD 9) | CI-Agenda Item | Recommendation to:
1. Approve a CDBG loan in the amount of $1.5 million to Century Affordable Development Inc. for the acquisition of 6801 Atlantic Avenue;
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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