File #: 24-1188    Version: 1
Status: Agenda Ready
File created: 4/4/2024 In control: City Council
On agenda: 4/23/2024
Title: Approve HOME Investment Partnerships Program - American Rescue Plan Loan Agreement with Mulberry Gardens Senior, L.P., for $3,000,000 in HOME Investment Partnerships Program - American Rescue Plan funds to be used for creation of 25 affordable housing units as part of Mulberry Gardens Senior Project, a 59-unit affordable housing project for seniors - Transfer of $3,000,000 from Home Investment Partnership Program Fund, HOME Unprogrammed Account to Mulberry Gardens Senior Project Account - Funds transfer - Five affirmative votes required - 2520 Mulberry Street (Ward 1)
Attachments: 1. Report, 2. Loan Agreement