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File #: 25-403HA    Version: 1 Name: APPROVING AN EXTENSION FOR THE MATURING LOAN AND REGULATORY AGREEMENT FOR COMMUNITY SUPPORT NETWORK’S OPPORTUNITY HOUSE - 634 PRESSLEY STREET
Type: HA- Consent Status: Agenda Ready
File created: 4/3/2025 In control: Housing Authority
On agenda: 4/28/2025 Final action:
Title: RESOLUTION - APPROVING AN EXTENSION FOR THE MATURING LOAN AND REGULATORY AGREEMENT FOR COMMUNITY SUPPORT NETWORK’S OPPORTUNITY HOUSE - 634 PRESSLEY STREET RECOMMENDATION: It is recommended by the Housing and Community Services Department that the Housing Authority, by resolution, approve an extension for the maturing loan, in the principal amount of $109,900, and Regulatory Agreement for Community Support Network’s Opportunity House located at 634 Pressley Street to extend the term by fifteen (15) years from July 31, 2025 to July 31, 2040.
Sponsors: Housing and Community Services
Indexes: Exempt Project, Not a Project
Code sections: 15061(b)(3) - General Rule Exemption, 15378 - Not a Project
Attachments: 1. Staff Report, 2. Attachment 1-Community Support Network Request Letter, 3. Resolution