SUBJECT: Public Hearing to Allow Interested Persons to be Heard Prior to the Completion and Submittal of an Application to the United States Department of Housing and Urban Development (HUD) in the Amount of $2,000,000 for Financing Through the Section 108 Loan Guarantee Program for the Childs Court Apartments - Childs and B Street Transit Oriented Development (TOD) Affordable Housing Project REPORT IN BRIEF Public Hearing to allow interested persons to be heard prior to the completion and submittal of an application to the United States Department of Housing and Urban Development (HUD) in the amount of $2,000,000 for financing through the Section 108 Loan Guarantee Program for the Childs Court Apartments - Childs and B Street Affordable Housing Transit Oriented Development (TOD) Project. RECOMMENDATION City Council - Adopt a motion: A. Recommend the City Council conduct the Public Hearing, receive any testimony given; and, B. Provide direction to Staff regarding the Proposed HUD 108 Loan Application; and, C. Continue the Public Hearing to the September 8, 2020, meeting.

Public Hearing Item Agenda Ready Introduced July 29, 2020

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: July 29, 2020
On agenda: August 17, 2020