File #: RES 10349   
In control: City Council Regular Meeting
On agenda: 2/5/2024
Title: Resolution authorizing application of Housing Stability Program funding in the amount of $13.5 Million for housing development costs and $339,041 per year, for five years for Operations, Maintenance and Services costs, for the Aventine Apartments Project; approving conditions for funding recommended by staff; and authorizing the City Manager to enter into agreements for the Project and execute necessary documents consistent with approved conditions.
Attachments: 1. Agenda Memo, 2. A. 2023 Housing Stability Program Funding Recommendations Memo, 3. Resolution
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Title

Resolution authorizing application of Housing Stability Program funding in the amount of $13.5 Million for housing development costs and $339,041 per year, for five years for Operations, Maintenance and Services costs, for the Aventine Apartments Project; approving conditions for funding recommended by staff; and authorizing the City Manager to enter into agreements for the Project and execute necessary documents consistent with approved conditions.