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Upcoming Agenda Item: Authorize a development loan agreement in an amount not to exceed $4,100,000 in HOME, CDBG or other eligible funds with Cypress Creek Montfort Drive, LP, or its affiliate (Applicant), conditioned upon Cypress Creek Montfort Drive, LP receiving a 2022 9% Housing Tax Credit award for the development of an affordable multifamily complex located at 14119 Montfort Drive.
[Kyle Hines, Assistant Director, Department of Housing & Neighborhood Revitalization]
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