Long Beach, CA
File #: 21-029CI    Version: 1 Name: AMCAL
Type: CI-Agenda Item Status: Approved
File created: 12/9/2021 In control: The Long Beach Community Investment Company
On agenda: 1/4/2022 Final action: 1/4/2022
Title: Recommendation to: 1. Approve the selection of AMCAL Multi-Housing, Inc. for an award of up to $5 Million in LMIHAF and/or PLHA funds; and, 2. Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with AMCAL Multi-Housing, Inc. for the development of new construction of affordable rental housing units. (District 1).
Attachments: 1. 2022_01_04 AMCAL Award of Funds and ENA Staff Report - FINAL.pdf, 2. Attachment A.pdf, 3. Attachment B Linden Ave.pdf

TITLE

Recommendation to:

1.                     Approve the selection of AMCAL Multi-Housing, Inc. for an award of up to $5 Million in LMIHAF and/or PLHA funds; and,

 

2.                     Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with AMCAL Multi-Housing, Inc. for the development of new construction of affordable rental housing units. (District 1).

 

SUGGESTED ACTION

Approve recommendation.