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File #: 20-415HA    Version: 1 Name: Cannery at Railroad Square
Type: HA- Consent Status: Agenda Ready
File created: 11/23/2020 In control: Housing Authority
On agenda: 12/14/2020 Final action: 12/14/2020
Title: RESOLUTION - ALLOCATION OF 15 ADDITIONAL ARTICLE XXXIV UNITS FOR CANNERY AT RAILROAD SQUARE AND AN AMENDMENT TO THE REGULATORY AGREEMENT INCREASING THE NUMBER OF AFFORDABLE UNITS FROM 113 TO 128 UNITS AND ADJUSTING THE INCOME ALLOCATIONS RECOMMENDATION: It is recommended by the Housing and Community Services Department that the Housing Authority, by resolution, approve an additional allocation of fifteen (15) Article XXXIV units for the Cannery at Railroad Square an 129-unit affordable housing project, located at 3 W. Third Street, and approve an amendment to the Regulatory Agreement increasing the number of affordable units from 113 to 128 units and adjusting the income allocations.
Sponsors: Housing and Community Services
Indexes: Not a Project
Code sections: 15378 - Not a Project
Attachments: 1. Staff Report, 2. Resolution, 3. Exhibit A - Article 34 Authority
Related files: 20-803HA