File #: 17-3400    Version: 1
Status: Agenda Ready
File created: 11/1/2017 In control: City Council
On agenda: 11/14/2017
Title: Joint item with Housing Authority - First Amendments to Home Investment Partnerships Program Loan Agreement, Deed of Trust with Assignment of Rents, Promissory Note, Regulatory Agreement, Assignment and Assumption Agreement, Subordination and Intercreditor Agreement, Owner Participation Agreement, and Covenants, Conditions and Restrictions Affecting Real Property Agreement with Mt. Rubidoux Manor, L.P., for 57-year term extension, interest rate increase from 0% to 2.75%, and set-aside of 13 additional affordable units to facilitate Mount Rubidoux Manor senior living complex rehabilitation and new construction financing - 3993 Tenth Street (Ward 1)
Attachments: 1. Report, 2. Home Investment Partnerships Program Loan Agreement, 3. Deed of Trust, 4. Promissory Note, 5. Regulatory Agreement, 6. Owner Participation Agreement, 7. HA Promissory Note, 8. Covenants, Conditions and Restrictions Agreement, 9. Assignment and Assumption Agreement, 10. Subordination and Intercreditor Agreement, 11. Short Form Deed of Trust and Assignment of Rents