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Title:
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RESOLUTION - ACCEPTING AND APPROPRIATING THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT’S PROHOUSING INCENTIVE PROGRAM GRANT OF $1.25 MILLION; AND AUTHORIZING THE DIRECTOR OF HOUSING AND COMMUNITY SERVICES TO EXECUTE AGREEMENTS AND ANY RELATED LOAN DOCUMENTS FOR PROJECTS FUNDED BY THE GRANT
RECOMMENDATION: The Housing and Community Services Department recommends that the Council, by resolution: 1) accept and appropriate the California Department of Housing and Community Development’s Prohousing Incentive Program grant in the amount of $1,250,000; and 2) authorize the Director of Housing and Community Services to execute agreements and any related loan documents for projects funded by the grant. This item has no impact on current fiscal year budget.
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Indexes:
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Exempt Project, Not a Project
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Code sections:
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15061(b)(3) - General Rule Exemption, 15378 - Not a Project
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