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Consider recommendations regarding the commitment of City of Carpinteria local funds to Dahlia Court Rehabilitation, as follows:
a) Approve the commitment of $86,536 from the City of Carpinteria in local in-lieu funds, utilized in the County-administered Rehabilitation Loan Program, toward the rehabilitation of the Dahlia Court Apartments owned by People's Self-Help Housing Corporation (PSHHC) a County designated Community Housing Development Organization;
b) Authorize the County Treasurer-Tax Collector to execute a Loan Agreement and Regulatory Agreement with PSHHC for the exterior rehabilitation work, in substantially the form of the attachments to this Board Letter.
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