Share to Facebook Share to Twitter Bookmark and Share
File #: 210570    Version: 1 Name: Accept and Expend Grant - California Department of Housing and Community Development - Affordable Housing and Sustainable Communities Program - 2340 San Jose Avenue - $25,319,112
Type: Resolution Status: Passed
Introduced: 5/18/2021 In control: Clerk of the Board
On agenda: Final action: 6/17/2021
Enactment date: 6/17/2021 Enactment #: 280-21
Title: Resolution authorizing the Mayor’s Office of Housing and Community Development (“MOHCD”) to execute the Standard Agreements with the California Department of Housing and Community Development (“HCD”) under the Affordable Housing and Sustainable Communities Program for a total award of $25,319,112 including $15,319,112 disbursed by HCD as a loan to the Balboa Park Housing Partners L.P. (“Developer”) for a 100% affordable housing project at 2340 San Jose Avenue and $10,000,000 to be disbursed as a grant to the City and/or Developer for public transportation improvements near 2340 San Jose Avenue, for the period starting on the execution date of the Standard Agreements to June 30, 2040; and authorizing MOHCD to accept and expend the grant of up to $10,000,000 for transportation, bicycle and pedestrian improvements and other transit oriented programming and improvement approved by HCD.
Sponsors: Mayor, Ahsha Safai
Attachments: 1. Leg Ver1, 2. Grant Info Form, 3. DRAFT Loan Standard Agmt, 4. DRAFT Grant Standard Agmt, 5. Expenditure Schedule, 6. Award Approval 072020, 7. PLN Memo 101118, 8. NOFA Round 5 110119, 9. Round 5 Program Guidelines 012921, 10. Program Application 2020, 11. MOHCD Memo 051821, 12. Form 126, 13. Comm Pkt 060321, 14. Comment Ltr, 15. MOHCD Presentation 060321, 16. Comm Rpt Rqst 060321, 17. Board Pkt 060821, 18. Post-Packet Comm 060821, 19. Leg Final, 20. Form 126 Final
Related files: 191294, 210503
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.