|
Title:
|
Resolution retroactively approving and authorizing the Mayor and the Director of the Mayor’s Office of Housing and Community Development (“MOHCD”) to execute a grant agreement with MHDC South Park Properties, LP in an amount not to exceed $3,798,723 for a term of 16 years and six months commencing on July 1, 2026, through December 31, 2043, to provide project-based rental subsidies for a 106-unit 100% affordable housing project housing extremely low-income households as part of the Affordable Housing Opportunity Fund and Program; approving the form of and authorizing the execution of the grant agreement; and granting general authority to City officials to take actions necessary to implement this Resolution, as defined herein.
|