Awarding up to $2.77 million of City Affordable Housing Funds authorized in the City’s 2024 Adopted Capital Budget, and up to $2.75 million of City funds also authorized in the 2024 Capital budget within TID #51 for affordable housing to help finance the development and preservation of approximately 152 units of affordable rental housing, in projects selected through a Request for Proposals (RFP) process; and authorizing the Mayor and the City Clerk to enter into agreements with agencies to implement the development projects. (District 3, District 6, District 14, District 15)

What this record is

Amount

$2.77M

Runs until

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

Type

award

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

Committee

Community Development Division

Requested by

FINANCE COMMITTEE

Introduced

October 2, 2024

On agenda

October 8, 2024

Passed

October 29, 2024

Enacted

November 1, 2024

Enactment no.

RES-24-00656

Where it was heard

COMMON COUNCIL Oct 29, 2024 Adopt Unanimously Pass FINANCE COMMITTEE Oct 28, 2024 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE Oct 10, 2024 Return to Lead with the Recommendation for Approval Pass COMMON COUNCIL Oct 8, 2024 Refer Pass

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