File #: 07-0204    Version: Name: Purchase Of 36 Units In The Wood Street Development District
Type: City Resolution Status: Sunset
File created: 4/24/2007 In control: *Community & Economic Development Committee
On agenda: 9/11/2007 Final action: 11/6/2014
Title: Subject: Purchase Of 36 Units In The Wood Street Development District From: Community and Economic Development Agency Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt An Agency Resolution Authorizing The Redevelopment Agency To Purchase 36 Units At The Pacific Cannery Lofts And Zephyr Gate Development In The Wood Street Development District At Market Rate Prices And To Resell These Units At Affordable Sales Prices To Low And Moderate Income Homebuyers, And Allocating An Amount Not To Exceed $10,350,000 To Subsidize The Affordability Of The Units
Sponsors: Community & Economic Development Agency
Attachments: 1. View Report.pdf
Title
Subject:      Purchase Of 36 Units In The Wood Street Development District
From:            Community and Economic Development Agency
Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt An Agency Resolution Authorizing The Redevelopment Agency To Purchase 36 Units At The Pacific Cannery Lofts And Zephyr Gate Development In The Wood Street Development  District At Market Rate Prices And To Resell These Units At Affordable Sales Prices To Low And Moderate Income Homebuyers, And Allocating An Amount Not To Exceed $10,350,000 To Subsidize The Affordability Of The Units