Legislation Details

File #: ID 24-110    Version: 1 Name:
Type: Action Item Status: Passed
File created: 1/11/2024 In control: City Council
On agenda: 1/18/2024 Final action: 1/18/2024
Title: ***RESOLUTION - Supporting Corporation for Better Housing and/or Integrated Community Development, LLC's submission of a low-income housing tax credit application for the construction of affordable senior housing located at 4323-4333 North Blackstone Avenue, and expressing the City's intent to contribute to the project in an amount not to exceed $15,000,000 upon full award of tax credit funding and Developer's completion of the project (Subject to Mayor's veto)
Sponsors: Tyler Maxwell, Annalisa Perea, Mike Karbassi
Attachments: 1. 1-18-24 Senior Housing Reso FINAL

REPORT TO THE CITY COUNCIL

 

 

FROM:                     TYLER MAXWELL, Councilmember

                                          District 4

 

                                          ANNALISA PEREA, Council President

                                          District 1

 

                                          MIKE KARBASSI, Vice President

                                          District 2

 

 

SUBJECT

Title

***RESOLUTION - Supporting Corporation for Better Housing and/or Integrated Community Development, LLC’s submission of a low-income housing tax credit application for the construction of affordable senior housing located at 4323-4333 North Blackstone Avenue, and expressing the City’s intent to contribute to the project in an amount not to exceed $15,000,000 upon full award of tax credit funding and Developer’s completion of the project (Subject to Mayor’s veto)

Body

RECOMMENDATION

 

Attachment:                     

Resolution