***RESOLUTION - Supporting Corporation for Better Housing and/or Integrated Community Development, LLC’s submission of a low-income housing tax credit application for the construction of affordable senior housing located at 4323-4333 North Blackstone Avenue, and expressing the City’s intent to contribute to the project in an amount not to exceed $15,000,000 upon full award of tax credit funding and Developer’s completion of the project (Subject to Mayor’s veto)

What this record is

Held by

Supporting Corporation

Amount

$15.0M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

award

Field

Construction

construction contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Requested by

City Council

Introduced

January 11, 2024

On agenda

January 18, 2024

Passed

January 18, 2024

Where it was heard

City Council Jan 18, 2024 ADOPTED Pass

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