Long Beach, CA
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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: The Long Beach Community Investment Company Agenda status: Draft
Meeting date/time: 1/18/2023 4:00 PM Minutes status: Draft  
Meeting location: 411 W. Ocean Blvd. 2nd Floor Conference Room "The Beach"
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
23-001CI 11.Minutes of November 16, 2022 Mtg.CI-Agenda ItemRecommendation to approve and file the minutes of the regular LBCIC Board meeting held on Wednesday, November 16, 2022.   Not available Not available
23-002CI 12.CDBG funds to Jamboree Housing CorporationCI-Agenda ItemRecommendation to: 1. Approve the selection of Jamboree Housing Corporation (Jamboree) for an award of Community Development Block Grant (CDBG) funds in the amount of $2,100,000; 2. Approve a loan in the amount of $2,100,000 in CDBG funds to Jamboree for the acquisition of the property located at 101 East Pacific Coast Highway; 3. Authorize the President to negotiate an Affordable Housing Loan Agreement with Jamboree; and, 4. Authorize the President to execute any and all documents necessary to implement the Loan Agreement and the project    Not available Not available
23-003CI 13.Award of $4,000,000 in HOME funds to Holos CommunitiesCI-Agenda ItemRecommendation to: 1. Approve the selection of Holos Communities (Holos) for an award of HOME funds in the amount of $4,000,000; and, 2. Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with Holos for the new construction of affordable rental housing units.    Not available Not available
23-004CI 14.Authorization to Execute an Agreement to Negotiate Exclusively with Habitat for Humanity of Greater Los Angeles for the Purchase and Development of 5571 Orange Avenue (District 8)CI-Agenda ItemRecommendation to Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with Habitat for Humanity of Greater Los Angeles (Habitat) for the purchase and development of 5571 Orange Avenue. (District 8)   Not available Not available