This ordinance authorizes the appropriation and expenditure in an amount up to $950,000.00 of 2023 HOME Investment Partnerships Program (HOME) entitlement funds from the U.S. Department of Housing and Urban Development (HUD) and authorizes the Director of the Department of Development execute a commitment letter, loan agreement, promissory note, mortgage, and restrictive covenant with Artem on Gay, L.P for the Artem on Gay project. ($950,000.00)

What this record is

Amount

$950K

Runs until

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

Type

contract

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

Committee

Housing, Homelessness, & Building Committee

Requested by

Dev Drafter

Introduced

April 2, 2025

On agenda

April 28, 2025

Passed

May 1, 2025

Where it was heard

Columbus City Council Apr 28, 2025 Approved Pass Columbus City Council Apr 21, 2025 Read for the First Time

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