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15-0570
| 1 | | Resolution | Adopted | Approves a Master Funding Agreement with Colorado Housing and Finance Authority (CHFA) paid out of the Revolving Affording Housing Loan Fund (RAHLF) for the administration, underwriting and servicing of the City’s Revolving Affordable Housing Loan Fund (RAHLF). The costs will be covered by borrowers from the fund in the form of application and origination fees and a portion of the interest paid by borrowers. (SAFETY AND WELL-BEING) Approves a Master Funding Agreement with Colorado Housing and Finance Authority (CHFA) paid out of the Revolving Affording Housing Loan Fund (RAHLF) for the administration, underwriting and servicing of the City’s Revolving Affordable Housing Loan Fund (RAHLF). The costs will be covered by borrowers from the fund in the form of application and origination fees and a portion of the interest paid by borrowers. The last regularly scheduled Council meeting within the 30-day review period is on -15. The Committee approved filing this bill at its meeting 8-18-15. | approved for filing | Pass |
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15-0571
| 1 | | Bill | Passed | Amends Chapter 27, Article III of the Revised Municipal Code (Preservation of Affordable Housing) to: 1) expand coverage to all affordable properties that have received any public assistance; 2) expand coverage to properties that are for sale; 3) provide the City or its designee a right of first refusal on for-sale units; and 4) increase the length of the required notice period.
Public Comment Period:
a) Presentation. b) 15 minutes of public comment. c) Action. (SAFETY AND WELL-BEING) Amends Chapter 27, Article III of the Revised Municipal Code (Preservation of Affordable Housing) to: 1) expand coverage to all affordable properties that have received any public assistance; 2) expand coverage to properties that are for sale; 3)provide the City or its designee a right of first refusal on for-sale units; and 4)increase the length of the required notice period. The Committee approved filing this bill at its meeting on 8-18-15. | approved for filing | Pass |
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15-0584
| 1 | | Bill | Passed | Amends the “Metro Mortgage Assistance Plus Program” fund in the General Government Revenue Fund to allow for authorizing expenditures from the fund to be spent on additional affordable housing activities as approved jointly by the City’s Director of OED and Chief Financial Officer. (SAFETY AND WELL-BEING) Amends the “Metro Mortgage Assistance Plus Program” fund in the General Government Revenue Fund to allow for authorizing expenditures from the fund to be spent on additional affordable housing activities as approved jointly by the City’s Director of OED and Chief Financial Officer. The Committee approved filing this bill at its meeting on 8-18-15. | approved for filing | Pass |
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