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Meeting Name: Housing Authority Agenda status: Final
Meeting date/time: 12/16/2024 1:30 PM Minutes status: Final  
Meeting location: Council Chamber, City Hall 100 Santa Rosa Avenue Room 11, Santa Rosa
Published agenda: Agenda Agenda Accessible Agenda Accessible Agenda Published minutes: Minutes Minutes Accessible Minutes Accessible Minutes  
Agenda packet: Not available
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
24-029HA 15.1Housing Authority Financial ReportHA- Agenda ItemHousing Authority Financial Report Housing Authority FY 2024/2025 Quarter 1 Financial Reportpresented  Action details Not available
24-516HA 18.1Draft Minutes - October 28, 2024HA- MinutesDraft Minutes - October 28, 2024approve as submitted  Action details Not available
24-307HA 111.1PENDING DEVELOPMENT PIPELINE UPDATEHA- Communication ItemPENDING DEVELOPMENT PIPELINE UPDATE - Provided for information.presented  Action details Video Video
24-410HA 112.1MODIFICATION OF LOAN TERMS FOR STONY POINT FLATS APARTMENTSHA- ConsentRESOLUTION - MODIFICATION OF LOAN TERMS FOR STONY POINT FLATS APARTMENTS RECOMMENDATION: It is recommended by the Housing and Community Services Department that the Housing Authority, through two resolutions: 1) modify the terms of the its loan, in the amount of $1,200,000, with Stony Point Flats, L.P. for Stony Point Flats Apartments, located at 2270 Stony Point Road, to increase the interest rate from 3% to the current Applicable Federal Rate of 4.10%; and 2) rescind Resolution No. 1784 and approve a new resolution for the further advance of $600,000, increase the interest rate from 3% to the current Applicable Federal Rate of 4.10%; and revise the source of loan funds from state funds (Permanent Local Housing Allocation funds) to a local funding source (In-Lieu Fee Funds) to expedite conversion to permanent financing. to waive reading of the text and adoptPass Action details Video Video
24-411HA 112.2ASSIGNMENT AND EXTENSION OF THE AGREEMENT TO ENTER A HOUSING ASSISTANCE PAYMENTS CONTRACT FOR HERITAGE PARK APARTMENTSHA- ConsentRESOLUTION -ASSIGNMENT AND EXTENSION OF THE AGREEMENT TO ENTER A HOUSING ASSISTANCE PAYMENTS CONTRACT FOR HERITAGE PARK APARTMENTS RECOMMENDATION: It is recommended by the Housing and Community Services Department that the Housing Authority, by resolution, 1) approve a change to the legal name of the entity awarded ten (10) Project Based Vouchers for Heritage Park Apartments from Heritage Park, L.P. to Linc Windsor Park, L.P. and 2) extend the Agreement to Enter into A Housing Assistance Payments Contract through December 31, 2026. to waive reading of the text and adoptPass Action details Video Video