Title:
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REPORT - 2017 CDBG NOTICE OF FUNDING AVAILABILITY - RECOMMENDATION AND CONDITIONAL COMMITMENT OF FUNDS FOR REHABILITATION OF CHELSEA GARDENS I & II, LOCATED AT 1220 MCMINN AVENUE AND 919 DELPORT AVENUE AND FOR APPLE VALLEY APARTMENTS, LOCATED AT 2862, 2866, 2870 AND 2874 APPLE VALLEY LANE, AND EXTENSION OF DUE DATES OF EXISTING APPLE VALLEY APARTMENTS LOANS
BACKGROUND: Two applications were submitted in response to a Notice of Funding Availability (“NOFA”) of U.S. Department of Housing and Urban Development (“HUD”) Community Development Block Grant (“CDBG”) funds in the amount of $1,161,162. Chelsea Gardens Associates, L.P. submitted an application requesting $787,652 to rehabilitate Chelsea Gardens I & II (“Chelsea Gardens”), 120 units located at 1220 McMinn Avenue and 919 Delport Avenue within the Sunset McMinn Neighborhood Revitalization Program (“NRP”) area. Burbank Housing Development Corporation (“Burbank Housing”) submitted an application requesting $744,321 to rehabi...
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Attachments:
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1. Staff Report, 2. Attachment 1, 3. Attachment 2, 4. Attachment 3, 5. Attachment 4, 6. Attachment 5, 7. Attachment 6, 8. Attachment 7, 9. Attachment 8, 10. Attachment 9, 11. Attachment 10, 12. Attachment 11, 13. Attachment 12, 14. Attachment 13, 15. Resolution - Chelsea Gardens, 16. Resolution - Apple Valley
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