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File #: 16-0449    Version: 1
Type: Resolution Status: Passed
File created: 6/23/2016 In control: Consent
On agenda: 6/23/2016 Final action: 7/11/2016
Title: Amends the loan document created with Montbello Volunteers of America (VOA) National Housing, Inc. for $585,000 in construction and permanent financing on an 86-unit, age 62+, and income-restricted rental community known as Montbello II VOA Elderly Housing, provides a change of address on the property, and inserts nonrecourse language in to the loan document as requested by the project’s equity investor (OEDEV – 201626314-00).
Attachments: 1. Bill Request, 2. RR16 0449 OED Montbello II Amendment, 3. CR16-0449_Contract_AmendatoryAgreement 201626314-01, 4. CR16-0449_Resolution_MontbelloIIVOALP 201626314-01