Title:
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Consider recommendations regarding Los Adobes de Maria III Apartments Reservation of HOME and/or In-Lieu funds, Fourth District, as follows:
a) Approve a preliminary reservation of County funds for the Los Adobes de Maria III project that will: (a) be in an amount not to exceed $948,852.00; (b) consist of HOME funds and/or In-Lieu Funds in specific amounts to be determined by the Board at a later date; and (c) be released if People's Self-Help Housing Corporation does not receive notification of an award of state low-income housing tax credits for the project by September 30, 2016;
b) Authorize the Director of Community Services Department to sign a letter to the project applicant indicating the approved reservation; and
c) Determine that the approval of the reservation is not the approval of a project that is subject to environmental review under the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines section 15378(b)(4), finding that the actions are not a...
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