Home
Clerk
>
Authorities
>
Housing Authority
>
HA Resolutions
>
HA R-014
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/8/2019 2:37:09 PM
Creation date
8/8/2019 2:37:00 PM
Metadata
Fields
Template:
General
Department
City Clerk
General - Type
Resolutions
Description
Application to the multifamily housing program administered by the CA Dept of Housing and Comm Dev
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
3
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
RESOLUTION NO. 14 <br />A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF RIVERSIDE, <br />CALIFORNIA, SUPPORTING INNOVATIVE HOUSING OPPORTUNITIES' <br />SUBMISSION OF AN APPLICATION TO THE MULTIFAMILY HOUSING <br />PROGRAM ADMINISTERED BY THE CALIFORNIA DEPARTMENT OF HOUSING <br />AND COMMUNITY DEVELOPMENT AND AUTHORIZING THE EXECUTION OF <br />ALL REQUIRED DOCUMENTS BY THE EXECUTIVE DIRECTOR OR HIS <br />DESIGNEE. <br />WHEREAS, the State of California Department of Housing and Community Development <br />("Grantor"), has heretofore invited public agencies and not-for-profit housing developers, to submit <br />applications to Grantor for the Fiscal Year 2019 Multifamily Housing Program ("Program") via a <br />Notice of Funding Availability dated 19 June 2019; and <br />WHEREAS, the Housing Authority of the City of Riverside ("Housing Authority"), a public <br />entity, has issued Request for Proposals 18-03 for the construction of a Permanent Supportive Housing <br />project at Housing Authority owned property located at 3861-3893 Third Street in Downtown <br />Riverside and has found Innovative Housing Opportunities to be the successful respondent to Request <br />for Proposals 18-03; and <br />WHEREAS, in response to this Notice of Funding Availability, the Housing Authority wishes <br />to support Innovative Housing Opportunities' application to the Program for, and receive an allocation <br />of, Program fund for the 3855-3893 Third Street Permanent Supportive Housing Project; and <br />WHEREAS, the Housing Authority is .willing to lend an amount up to One Million Dollars <br />($1,000,000) to the 3855-3893 Third Street Permanent Supportive Housing Project pursuant to the <br />successful award of Program funds and negotiation of a Disposition and Development Agreement; <br />and <br />WHEREAS, the Housing Authority is familiar with the terms, conditions and limitations of <br />any such Program; and <br />WHEREAS, Grantor must approve said application from Innovative Housing Opportunities <br />and a Program award will require the Housing Authority to correspond its Disposition and <br />Development Agreement with Program documents in order for Innovative Housing Opportunities to <br />utilize Program funding. <br />CITY ATTORNEY'S OFFICE <br />3750 UNIVERSITY AVE., STE. 250 <br />RIVERSIDE, CA 92501 <br />(951) 826-5567 <br />
The URL can be used to link to this page
Your browser does not support the video tag.