acquisition, predevelopment and construction-related costs for Caritas
Homes Phase II located at 360 Seventh Street; and 4) BRJE Housing
Partners, LP in the amount of $2,585,610 for predevelopment and
construction-related costs for 3575 Mendocino Avenue Phase III located
at 3575 Mendocino Avenue.
Nicole Del Fiorentino, Manager Housing and Community Services,
gave a presentation and answered Commissioner questions.
Public Comments:
Larry Florin, CEO of Burbank Housing, commended the Housing
Authority for the funding recommendations and provided information
regarding Burbank Housing projects currently under construction,
completed, and soon to be commenced.
Peter Skellenger of Waterstone Residential made comments
regarding scheduling of current and future projects, and expressed
gratitude for the support of the Housing Authority.
A motion was made by Commissioner Smith, seconded by Commissioner
Downey Ph. D, to waive reading of the text and adopt:
RESOLUTION 1759 ENTITLED: RESOLUTION OF THE HOUSING
AUTHORITY OF THE CITY OF SANTA ROSA APPROVING A CONDITIONAL
COMMITMENT OF LOAN FUNDS IN THE AMOUNT OF $3,500,000 TO WSA
BURBANK HOUSING PARTNERS I, LP FOR ACQUISITION AND
CONSTRUCTION-RELATED COSTS FOR BURBANK AVENUE
APARTMENTS, 1780 BURBANK AVENUE, SANTA ROSA, CALIFORNIA;
APN 125-361-003.
The motion carried by the following vote:
4 -
Yes:
Vice Chair LaPenna, Commissioner Downey Ph. D, Commissioner
Smith and Commissioner Newton
2 - Rawhouser and Commissioner McWhorter
1 - Chair Owen
Absent:
Abstain:
A motion was made by Commissioner Newton, seconded by Commissioner
Smith, to waive reading of the text and adopt:
RESOLUTION 1760 ENTITLED: RESOLUTION OF THE HOUSING
AUTHORITY OF THE CITY OF SANTA ROSA APPROVING A CONDITIONAL
COMMITMENT OF LOAN FUNDS IN THE AMOUNT OF $1,073,583 TO
PETALUMA ECUMENICAL PROPERTIES DBA PEP HOUSING FOR