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File #: 22-1501    Version: 1 Name:
Type: BRIEFING MEMOS Status: Agenda Ready
File created: 6/21/2022 In control: Housing and Homelessness Solutions Committee
On agenda: 6/27/2022 Final action:
Title: 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]
Attachments: 1. Memo
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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]