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Title:
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Approves a $2,534,000 loan agreement between the City and Affordable Communities, Inc. to purchase a 40 unit multi-family property from Neighborhood Stabilization Program (NSP) 2 funding. (BUSINESS, WORKFORCE & SUSTAINABILITY) Approves a $2,534,000 loan agreement between the City and Affordable Communities, Inc. to purchase a 40 unit multi-family property from Neighborhood Stabilization Program (NSP) 2 funding. The last regularly scheduled Council meeting within the 30-day review period is on - -11. The Committee approved filing this bill at its meeting on 5-11-11.
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