County of Santa Barbara - File #: 03-01111

• File #: 03-01111
• Version: 1
• Type: Agenda Item
• Status: Passed
• File created: 11/17/2003
• In control: BOARD OF SUPERVISORS
• On agenda: 11/25/2003
• Final action: 11/25/2003
• Title: Consider recommendations regarding HOME Funding for K St. Apartments, Lompoc area, Fourth District, as follows: a) Approve the commitment of $245,000 in County HOME funding to the Lompoc Housing Assistance Corporation (LHAC) for the acquisition and development of the K St. Apartments in Lompoc; b) Authorize Housing and Community Development to execute a Loan Agreement and a Regulatory Agreement with the Lompoc Housing Assistance Corporation (LHAC) for acquisition and development of the project, consistent with the terms and conditions detailed in the Board Letter dated November 25, 2003.
• Sponsors: HOUSING AND COMMUNITY DEVELOPMENT

Date	Action By	Action	Result
11/12/2013	BOARD OF SUPERVISORS	Acted on as follows:	Pass

Title

Consider recommendations regarding HOME Funding for K St. Apartments, Lompoc area, Fourth District, as follows:

a) Approve the commitment of $245,000 in County HOME funding to the Lompoc Housing Assistance Corporation (LHAC) for the acquisition and development of the K St. Apartments in Lompoc;

b)  Authorize Housing and Community Development to execute a Loan Agreement and a Regulatory Agreement with the Lompoc Housing Assistance Corporation (LHAC) for acquisition and development of the project, consistent with the terms and conditions detailed in the Board Letter dated November 25, 2003.

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