Title
Subject: Housing Development Loan To FHP Housing Associates
From: Community and Economic Development Agency
Recommendation: Adopt A Resolution Amending Resolution No. 63120 C.M.S. Authorizing A $1,350,000 Housing Development Loan To FHP Housing Associates For The Foothill Plaza Rental Project Located At 6311 Foothill Boulevard To Change The Terms Of The Loan From A 30 Year Amortizing Loan To A 55 Year Residual Receipts Loan