File #: 11-00621    Version: 1
Type: Agenda Item Status: Passed
File created: 7/28/2011 In control: BOARD OF SUPERVISORS
On agenda: 8/9/2011 Final action: 8/9/2011
Title: Consider recommendations regarding the Casa de Familia HOME Loan Agreement, Fifth District, as follows: a) Approve the final commitment of $2,033,415.00 in HOME Investment Partnerships Program (HOME) funds to Good Samaritan Shelter for development of the Casa de Familia Project providing 16 affordable rental units in Santa Maria; b) Approve and authorize the Chair to execute a Loan Agreement in the amount of $2,283,415.00 and HOME Regulatory Agreement with Good Samaritan Shelter (a local vendor); and c) Find that the previous negative declaration that has been approved for the project is adequate and no changes have occurred which would require further environmental review under CEQA Guideline section 15162.
Sponsors: HOUSING AND COMMUNITY DEVELOPMENT
Attachments: 1. Board Letter, 2. Loan Agreement, 3. Regulatory Agreement, 4. Negative Declaration

Title

Consider recommendations regarding the Casa de Familia HOME Loan Agreement, Fifth District, as follows:

 

a) Approve the final commitment of $2,033,415.00 in HOME Investment Partnerships Program (HOME) funds to Good Samaritan Shelter for development of the Casa de Familia Project providing 16 affordable rental units in Santa Maria;

 

b) Approve and authorize the Chair to execute a Loan Agreement in the amount of $2,283,415.00 and HOME Regulatory Agreement with Good Samaritan Shelter (a local vendor); and

 

c) Find that the previous negative declaration that has been approved for the project is adequate and no changes have occurred which would require further environmental review under CEQA Guideline section 15162.