File #: 11-00839    Version:
Type: Agenda Item Status: Passed
File created: 10/28/2011 In control: BOARD OF SUPERVISORS
On agenda: 11/15/2011 Final action: 11/15/2011
Title: Consider recommendations regarding the Braddock House HOME Investment Partnerships Program (HOME) Loan Agreement, Second District, as follows: a) Approve and authorize the Chair to execute a Loan Agreement in the amount of $235,000.00; and b) Approve and authorize the Chair to execute a 55 year HOME Regulatory Agreement with Surf Development Company for the Braddock House Project.
Sponsors: HOUSING AND COMMUNITY DEVELOPMENT
Attachments: 1. Board Letter, 2. Loan Agreement, 3. Regulatory Agreement, 4. Board Letter 11/15/11, 5. Loan Agreement 11/15/11, 6. Regulatory Agreement 11/15/11, 7. Deed of Trust 11/15/11

Title

Consider recommendations regarding the Braddock House HOME Investment Partnerships Program (HOME) Loan Agreement, Second District, as follows:

 

a) Approve and authorize the Chair to execute a Loan Agreement in the amount of $235,000.00; and

 

b) Approve and authorize the Chair to execute a 55 year HOME Regulatory Agreement with Surf Development Company for the Braddock House Project.