Submitting reso. autho. Review and Approval of Revised HOME and CDBG Awards, Modifications and Subordinations. (The Housing & Revitalization Department is requesting to increase the allocations for Marwood Apartments (HOME/CDBG), Tuscan Park Apartments (HOME), Treymore Apartments (HOME) and Brightmore Homes (CDBG only). HRD is correcting the previous allocation from $1 million to $1.6 million, the amount required to cover the current gap on the MSHDA 4% LIHTC funding for the project.) (REFERRED TO THE PLANNING AND ECONOMIC DEVELOPMENT STANDING COMMMITTEE ON 11-3-16)

What this record is

Amount

$1.60M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

award

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Committee

Planning and Economic Development Standing Committee

Introduced

January 9, 2017

On agenda

November 3, 2016

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