File #: 10-00519    Version: 1
Type: Agenda Item Status: Passed
File created: 5/25/2010 In control: BOARD OF SUPERVISORS
On agenda: 6/1/2010 Final action: 6/1/2010
Title: Consider recommendations regarding the Dahlia Court Expansion Project, First District, as follows: a) Approve the final commitment of $972,116.00 in HOME Investment Partnerships Act (HOME) funds and $446,489.00 in Community Development Block Grant (CDBG) funds to Peoples’ Self-Help Housing Corporation for acquisition of a property and a portion of construction costs related to the development of 33 affordable rental units known as the Dahlia Court Expansion Project; b) Approve and authorize the Chair to execute a HOME Loan Agreement in the amount of $972,116.00 and HOME Regulatory Agreement; c) Approve and authorize the Chair to execute a CDBG Loan Agreement in the amount of $446,489.00 and CDBG Regulatory Agreement for the Dahlia Court Expansion Project; and d) Find that the Board of Supervisors has considered the environmental effects of Dahlia Court Expansion Project set forth in the Mitigated Negative Declaration (MND) that was prepared by the City of Carpinteria for the Dahli...
Sponsors: HOUSING AND COMMUNITY DEVELOPMENT
Attachments: 1. Board Letter, 2. Attachment A - HOME Loan, 3. Attachment B - HOME Regulatory Agreement, 4. Attachment C - CDBG Loan, 5. Attachment D - CDBG Regulatory Agreement, 6. Attachment E - MND Cover, 7. Attachment F - Notice of Determination

Title

Consider recommendations regarding the Dahlia Court Expansion Project, First District, as follows:

 

a) Approve the final commitment of $972,116.00 in HOME Investment Partnerships Act (HOME) funds and $446,489.00 in Community Development Block Grant (CDBG) funds to Peoples’ Self-Help Housing Corporation for acquisition of a property and a portion of construction costs related to the development of 33 affordable rental units known as the Dahlia Court Expansion Project;

 

b) Approve and authorize the Chair to execute a HOME Loan Agreement in the amount of $972,116.00 and HOME Regulatory Agreement;

 

c) Approve and authorize the Chair to execute a CDBG Loan Agreement in the amount of $446,489.00 and CDBG Regulatory Agreement for the Dahlia Court Expansion Project; and

 

d) Find that the Board of Supervisors has considered the environmental effects of Dahlia Court Expansion Project set forth in the Mitigated Negative Declaration (MND) that was prepared by the City of Carpinteria for the Dahlia Court Expansion Project and that the MND is adequate for the project.