21-826
SUBJECT: Approval of an Affordable Housing Funding Plan and Authorization of Conditional Letters of Commitment Subject to Review by the City Attorney REPORT IN BRIEF Approval of an Affordable Housing Funding Plan, authorizing Conditional Letters of Commitment consistent with the Council Direction in a form subject to review by the City Attorney, and authorizing the City Manager or Deputy City Manager to execute all related documents to implement the Affordable Housing Funding Plan and Conditional Letters of Commitment. RECOMMENDATION City Council - Adopt a motion: A. Approving of an Affordable Housing Funding Plan; and, B. Authorizing Conditional Letters of Commitment consistent with the approved Affordable Housing Funding Plan in a form subject to review by the City Attorney; and, C. Authorizing the City Manager or Deputy City Manager to execute all related documents to implement the Affordable Funding Plan and Conditional Letters of Commitment.
- Committee
- City Council/Public Finance and Economic Development Authority/Parking Authority
- Introduced
- September 30, 2021
- On agenda
- October 18, 2021
- Passed
- October 18, 2021