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File #: 21-816HA    Version: 1 Name: LOAN MODIFICATON REQUEST FOR “THE BLOCK” AND RELEASE OF LOAN AND REGULATORY AGREEMENT FROM PARCELS TO BE DEVELOPED WITH CARITAS HOMES PHASE I AND II
Type: HA- Report Status: Agenda Ready
File created: 10/4/2021 In control: Housing Authority
On agenda: 10/25/2021 Final action:
Title: REPORT - LOAN MODIFICATION REQUEST FROM CATHOLIC CHARITIES FOR “THE BLOCK” AND RELEASE OF LOAN AND REGULATORY AGREEMENT FROM PARCELS TO BE DEVELOPED WITH CARITAS HOMES PHASE I AND II BACKGROUND: A loan of Community Development Block Grant (CDBG) funds, approved by the Housing Authority on September 22, 2014, was used to acquire 11 parcels between Morgan Street, 6th Street, 7th Street, and A Street, which comprised “The Block.” Since 2015, Catholic Charities has acquired the two remaining privately owned parcels within the confines of the block, and the City of Santa Rosa has sold Catholic Charities additional bordering land, otherwise known as remnant parcels. Catholic Charites obtained development approval and is proceeding with the development of Caritas Village which will include a homeless support services facility named Caritas Center, and an affordable housing development named Caritas Home Phases I and II. As a result of the new development, Catholic Charities is requesting ...
Sponsors: Housing and Community Services
Indexes: EIR Previously Certified by City Council
Attachments: 1. Staff Report, 2. Staff Report Revised 10/22/2021, 3. Attachment 1, 4. Resolution, 5. Resolution Revised 10/22/2021, 6. Presentation, 7. Presentation Revised 10/22/2021