82371
Authorizing the Mayor and City Clerk to execute a development agreement and authorizing a funding appropriation in the 2024 Capital Budget to fund a $1,700,000 Tax Incremental Finance Loan to East Washington Apts, LLC, or its assigns to construct approximately 192 units of affordable housing and approximately 139 parking stalls located at 808 Melvin Court in the 3100 block of East Washington Avenue in Tax Incremental District (TID) 52. (District 12)
What this record is
- Held by
- East Washington Apts, LLC
- Amount
- $1.70M
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Construction
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Economic Development Division
- Requested by
- FINANCE COMMITTEE
- Introduced
- March 4, 2024
- On agenda
- March 19, 2024
- Passed
- March 19, 2024
- Enacted
- March 22, 2024
- Enactment no.
- RES-24-00216