Title
Approve and authorize the Chair to execute the Faulding Hotel Loan Forgiveness and Loan Amendment to forgive principal and interest incurred for a $100,000 at 4.5% simple interest on a 30 year residual receipts loan made to Faulding Hotel, Inc., a nonprofit controlled by Santa Barbara Community Housing Corporation in December 1994 and to extend the current affordability period for an additional sixty years.
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