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File #: 16-0138    Version: 1
Type: Resolution Status: Adopted
File created: 3/3/2016 In control: Consent
On agenda: 3/3/2016 Final action: 3/15/2016
Title: Amends a loan agreement with Del Norte Neighborhood Development Corporation on an 80-unit affordable housing rental project known as Avondale Apartments located in Council District 3 to update repayment terms for the loan, extend the covenant by ten years, and allow for the condominiumization of the collateral.
Attachments: 1. Bill Request, 2. RR16 0138 OED Resolution Request - Avondale 022216, 3. CR16-0138_Resolution_DelNorteAvondaleApartments.201208314-02, 4. 201208314-02.Del Norte 2nd Amendment and Modification Agreement