2605-2024
To amend the 2024 Capital Improvement Budget; to authorize the City Auditor to transfer funds within the Affordable Housing Bond Fund; to authorize the Director of Development to enter into a grant agreement with Community Development for All People in an amount up to $2,000,000.00 in support of the development of 245 units of new construction apartments owned by Dering Family Homes Owner LLC; to authorize the expenditure of up to $2,000,000.00 from the Affordable Housing Bond Fund; to authorize the reimbursement of expenditures incurred prior to the establishment of a purchase order; and to declare an emergency. ($2,000,000.00)
- Committee
- Housing, Homelessness, & Building Committee
- Requested by
- Dev Drafter
- Introduced
- September 18, 2024
- On agenda
- October 7, 2024
- Passed
- October 10, 2024