Approve HOME Investment Partnerships Program - American Rescue Plan Loan Agreement with Mulberry Gardens Senior, L.P., for $3,000,000 in HOME Investment Partnerships Program - American Rescue Plan funds to be used for creation of 25 affordable housing units as part of Mulberry Gardens Senior Project, a 59-unit affordable housing project for seniors - Transfer of $3,000,000 from Home Investment Partnership Program Fund, HOME Unprogrammed Account to Mulberry Gardens Senior Project Account - Funds transfer - Five affirmative votes required - 2520 Mulberry Street (Ward 1)

What this record is

Held by

Mulberry Gardens Senior 2 records across this site

Amount

$3.00M

Runs until

no end date published in this record

Type

contract

Field

Health & social

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

Mulberry Gardens Senior also holds

Homeless Housing, Assistance, and Prevention Program Round 3 Loan Agreement with Mulberry Gardens Senior, L.P. in the amount of $2,025,365 for the dev… $2.03M Riverside, CA

Committee

City Council

Requested by

City Manager

Introduced

April 4, 2024

On agenda

April 23, 2024

Where it was heard

City Council Apr 23, 2024 City Council Apr 23, 2024