Amend loan agreement to provide $5.8 million for public housing repairs
In Plain English
The city previously loaned money to RHA Housing Corporation for affordable housing projects. RHA now needs to rehabilitate 2 public housing sites under a federal program called Rental Assistance Demonstration. If approved, the city modifies existing loan terms to allow up to $5.8 million for repairs at Friendship Manor and Triangle Court.
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Votes
Adopt Resolution No. 40-15
PassedCommunity Discussion
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Similar Discussions
5 related items found by meaning
Approve $3 million in loans to RHA Housing Corporation for affordable housing projects
Authorize $1.9 million loan to RHA Housing Corporation for housing rehabilitation
Approve cost allocation plan for Richmond Housing Authority billing
Approve plan letting city charge Richmond Housing Authority for shared services
Extend $104,407 loan agreement with Richmond Neighborhood Housing Services
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