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24-184

Measure K: Adopt a resolution authorizing and directing the Director of the Department of Housing, or designee(s), to execute an agreement with The Housing Endowment and Regional Trust in an amount not to exceed a total of $2,078,800 in Measure K funds to disburse up to $2,000,000 in loans to qualified low-income residents residing in the seven mobile home parks located in unincorporated San Mateo County for the purchase of approved new mobile home units and for an administrative fee not to exceed $78,800 for a term of March 12, 2024 through June 30, 2026 and granting a waiver of competitive bidding pursuant to County Administrative Memorandum B-1.

Resolution Passed Introduced February 27, 2024

What this record is

Held by
Housing Endowment and Regional Trust
Amount
$79K
Runs until
June 30, 2026 already ended date quoted from the award document
Type
purchase

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

Committee
HOUSING
Requested by
HOUSING
Introduced
February 27, 2024
On agenda
March 12, 2024
Passed
March 12, 2024
Enacted
March 12, 2024
Enactment no.
Resolution-080229

Where it was heard

BOARD OF SUPERVISORS Mar 12, 2024 approved Pass