Increase loan to Carquinez Associates by $301,000 for apartment rehabilitation

Housing & HomelessnessHousingCommunity and Economic DevelopmentContract

$301,000

Resolution 09-39

In Plain English

The city already loaned $1 million to Carquinez Associates to rehabilitate the Carquinez Apartments. The developer needs an additional $301,000 to complete the project. If approved, the total city loan reaches $1.3 million for the apartment improvements.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

7 to 0

BBLMRRV