FOR DISCUSSION
Reservation of year 2023 Low Income Housing Tax Credits for the Selby
Wilkins development, located at various sites, District 1, Ward 8, and for the
East 7th Development, located at 892 East 7th Street, District 4, Ward 6
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Moved by Commissioner Balenger, Resolution is Adopted.
7 -
0
Yea:
Nay:
Commissioner Noecker, Commissioner Prince, Commissioner Brendmoen,
Chair Tolbert, Commissioner Jalali, Commissioner Yang, and
Commissioner Balenger
Resolution approving loan modifications associated with the Selby Commons
and Wilkins Townhomes Projects and Assignment and Assumption of Loans
by Selby Wilkins LLLP - District 8, Ward 1
Moved by Commissioner Balenger, Resolution is Adopted.
7 -
0
Yea:
Nay:
Commissioner Noecker, Commissioner Prince, Commissioner Brendmoen,
Chair Tolbert, Commissioner Jalali, Commissioner Yang, and
Commissioner Balenger
Resolution recommending the authorization and approval of the financing of a
$1,260,214 Community Development Block Grant (CDBG) Loan and
$439,786 Community Development Block Grant Covid (CDBG-CV) Loan, and
recommending authorization and approval of the execution of a Development
Agreement and CDBG and CDBG-CV Loan Agreement for the Keystone
Community Food Center project at 1790-1800 University Avenue W, District
13, Ward 4
Moved by Commissioner Jalali, Resolution is Adopted.
7 -
0
Yea:
Nay:
Commissioner Noecker, Commissioner Prince, Commissioner Brendmoen,
Chair Tolbert, Commissioner Jalali, Commissioner Yang, and
Commissioner Balenger