Legislation / ID 24-110

***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)

ID 24-110 · Action Item · Passed

Introduced by
City Council
Date
Thu, Jan 18, 2024
Result
Thu, Jan 18, 2024

Full textv1

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

Sponsors

History

DateBodyActionResult
Thu, Jan 18, 2024City CouncilADOPTEDPass

Attachments