1189-2026
This ordinance authorizes the expenditure in an amount up to $1,200,000.00 of HOME Investment Partnerships Program (HOME) grant funds ($200,000.00 from the 2023 grant and $1,000,000.00 from the 2024 grant) from the U.S. Department of Housing and Urban Development and also authorizes the Director of the Department of Development to execute a commitment letter, loan agreement, promissory note, mortgage, and restrictive convent with Opportunity Pointe I Limited Partnership for the Opportunity Pointe I project. ($1,200,000.00)
What this record is
- Held by
- Opportunity Pointe I Limited
- Amount
- $1.20M
- Runs until
- no end date published in this record
- Type
- contract
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 14, 2026
- On agenda
- May 11, 2026
- Passed
- May 14, 2026