Legislation Details

File #: 260839    Version: 1 Name: Grant Agreement - Retroactive - 160 Freelon Housing Partners, LP - Affordable Housing Opportunity Fund and Program - Not to Exceed $2,559,101
Type: Resolution Status: New Business
Introduced: 7/21/2026 In control: Budget and Finance Committee
On agenda: Final action:
Enactment date: Enactment #:
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 160 Freelon Housing Partners, LP in an amount not to exceed $2,559,101 for a term of 15 years and six months commencing on July 1, 2026, through December 31, 2042, to provide project-based rental subsidies for an 85-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.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. DRAFT Grant Agmt, 3. NOFA RFP 011326, 4. CAHLC Approval 062626, 5. MYR Memo 072126, 6. Form 126, 7. MOHCD Presentation 090226, 8. BLA Rpt 090226, 9. Cmte Pkt 090226
Legislation Details
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