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File #: 25-1924    Version: 1
Status: Agenda Ready
File created: 5/14/2025 In control: City Council
On agenda: 5/20/2025
Title: HOME Investment Partnerships Program Loan Agreement with Sunrise At Bogart, LP for $1,508,234 of HOME Investment Partnerships Program funds for development of 22 permanent supportive housing units and a manager’s unit located at 11049 Bogart Avenue - Amendments to Prohousing Incentive Pilot Program and Permanent Local Housing Allocation Agreements to update affordability period definition to “the period commencing upon the issuance of the Certificate of Occupancy or the recordation of the No Place Like Home Regulatory Agreement, whichever is later, and terminating on the fifty-fifth (55th) anniversary thereof” and add a process to address possible loss or reduction of rental subsidies (Housing and Human Services) (Ward 7) (10-minute presentation)
Attachments: 1. Report, 2. HOME Funding Agreement, 3. First Amendment to Agreement - PIP Program, 4. First Amendment to Agreement - PLHA, 5. Sources and Uses, 6. Presentation