Approve $18 million bond financing to rehabilitate 156 affordable housing units
In Plain English
The Richmond Housing Authority wants to issue tax-exempt bonds to pay for major repairs at 2 affordable housing complexes. Friendship Manor and Triangle Court together house 156 low-income families. If approved, the city gives formal approval for the bond sale, which helps the housing authority access lower interest rates.
Auto-generated summary. Source: official agenda documents.
Votes
close the public hearing
Passedadopt Resolution No. 1-15
PassedSimilar Discussions
5 related items found by meaning
Issue $48 million in revenue bonds for 150-unit senior affordable housing project
Approve $4 million Richmond Housing Authority budget with $1.1 million city subsidy
Buy Richmond Housing Authority building for $1 to house job training programs
Authorize $25 million in bonds for affordable housing repairs at 2 complexes
Approve cost allocation plan for Richmond Housing Authority billing
The Story So Far
10 prior discussions on this topic
Richmond Housing Authority (RHA) Cost Allocation Plan Approval
Proposed Richmond Housing Authority Budget for Fiscal Year (FY) 2026-2027
Contract with Contra Costa County Health, Housing, and Human Services Department for Encampment Resolution Funding Round 2 Services
Increase loan to $10.3 million for Civic Center homeless housing project
Zoning Text Amendments Related to 6th Cycle Housing Element Program Implementation
Meeting Minutes
General Plan and Zoning Text Amendments Related to 6th Cycle Housing Element Program Implementation
Approve $1.25 million contract for road striping and street signs
Meeting Minutes
Meeting Minutes