Title:
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Subject: Predevelopment Loan Authorization For 1707 Wood Street
From: Housing And Community Development Department
Recommendation: Adopt A Resolution Authorizing The City Administrator Or His Or Her Designee To Enter Into Two Unsecured Predevelopment Loans Not To Exceed A Combined Total Amount Of $650,000 From The Affordable Housing Trust Fund (Fund 1870); One Loan To Midpen Housing Corporation And One Loan To Habitat For Humanity East Bay/Silicon Valley, Inc. To Support The Development Of Affordable Housing At The City-Owned Property Located At 1707 Wood Street Between 18th And 20th Streets; And Making California Environmental Quality Act Findings For This Action
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Attachments:
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1. View Report, 2. 87930 CMS
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