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1684-2025

To authorize an appropriation in an amount up to $420,147.73; to authorize the transfer between object classes in an amount up to $57,053.35, and the expenditure of funds in an amount up to $500,000.00 of the 2022 HOME Investment Partnerships Program grant funds from the U.S. Department of Housing and Urban Development; and to authorize the Director of the Department of Development to enter into a commitment letter, loan agreement, promissory note, mortgage, and restrictive covenant with Emerald Glen Homes Rehab LLC., in an amount up to $500,000.00 for the Emerald Glen apartments project. ($500,000.00)

Ordinance Passed Introduced June 10, 2025

What this record is

Held by
Emerald Glen Homes Rehab LLC
Amount
$500K
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
June 10, 2025
On agenda
July 14, 2025
Passed
July 17, 2025

Where it was heard

Columbus City Council Jul 14, 2025 Approved Pass Columbus City Council Jun 30, 2025 Read for the First Time