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File #: 200402    Version: 1 Name: Accept and Expend Grant - California Department of Housing and Community Development - Affordable Housing and Sustainable Communities Program - Treasure Island - $20,000,000
Type: Resolution Status: Passed
Introduced: 4/21/2020 In control: Clerk of the Board
On agenda: Final action: 5/22/2020
Enactment date: 5/22/2020 Enactment #: 214-20
Title: Resolution authorizing the Treasure Island Development Authority (“Authority”) to execute a Standard Agreement with the California Department of Housing and Community Development (“HCD”) under the Affordable Housing and Sustainable Communities Program for a total award of $20,000,000 including $13,753,000 to be disbursed as a loan from HCD to the project sponsor of a 100% affordable housing project at Treasure Island Parcel C3.1 and $6,247,000 to be disbursed as a grant from HCD to the Authority for public transportation improvements on Treasure Island, for the period starting on the execution date of the Standard Agreement to June 30, 2039; and authorizing the Authority to accept and expend the grant of $6,247,000 for ferry terminal and Bay Bridge connection improvements, and other transit oriented programming and improvement approved by HCD.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. Grant Info Form 041720, 3. Grant Budget, 4. Award Ltr 070819, 5. AHSC FY2017-18 Program Guidelines, 6. TIDA Memo 040720, 7. Form 126, 8. Comm Pkt 050620, 9. PPt Presentation 050620, 10. Board Pkt 051220, 11. Form 126 Final, 12. Leg Final
Legislation Details
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