File #: 003216j    Version: 1 Name: An Agency resolution amending Resolution No. 01-11 C.M.S. to extend the loan term from 30 years to 55 years, and to reduce the interest rate on a $361,000 Site Acquisition Loan from 6% to 3%; and authorizing consolidation of the existing $361,000 Site Acq
Type: ORA Resolution Status: In Committee
File created: 1/28/2003 In control: Closed Session
On agenda: 3/11/2003 Final action: 11/6/2014
Title: An Agency resolution amending Resolution No. 01-11 C.M.S. to extend the loan term from 30 years to 55 years, and to reduce the interest rate on a $361,000 Site Acquisition Loan from 6% to 3%; and authorizing consolidation of the existing $361,000 Site Acquisition Loan with an existing Affordable Housing Development Loan commitment for $1,066,000 to resources for Community Development, Inc. for the Eastmont Court Project located at 6850 Foothill Boulevard
Title
An Agency resolution amending Resolution No. 01-11 C.M.S. to extend the loan term from 30 years to 55 years, and to reduce the interest rate on a $361,000 Site Acquisition Loan from 6% to 3%; and authorizing consolidation of the existing $361,000 Site Acquisition Loan with an existing Affordable Housing  Development Loan commitment for $1,066,000 to resources for Community Development, Inc. for the Eastmont Court Project located at 6850 Foothill Boulevard
Body
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