25-1544
MOTION TO APPROVE modification of the $2,000,000 gap financing for Parcview Miramar, LLC, or its affiliate, for the construction of a 62-unit affordable housing homeownership project to be known as ParcView at Miramar, from a single $2,000,000 gap loan into two gap loans in the following amounts: 1) $840,000 gap loan for the first phase (26 affordable homeownership units), and 2) $1,160,000 gap loan for the second phase (36 affordable homeownership units); authorizing the County Administrator to execute all agreements and related documents related to the gap financing projects, subject to the foregoing monetary limits and approval as to legal sufficiency by the Office of the County Attorney; and authorizing the County Administrator to take the necessary administrative and budgetary actions. (Commission District 7)
What this record is
- Held by
- Parcview Miramar, LLC
- Amount
- $2.00M
- Runs until
- no end date published in this record
- Type
- amendment
- Field
- Construction
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Public Works and Environmental Services - Housing Finance Authority
- Requested by
- Resilient Environment - Housing Finance Division
- Introduced
- November 20, 2025
- On agenda
- December 9, 2025
- Passed
- December 9, 2025