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AGENDA_2019-09-17
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AGENDA_2019-09-17
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9/13/2019 8:36:57 AM
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City Clerk
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Agenda
Date
9/17/2019
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CITYOFSANTANA <br />HOUSING AUTHORITY SPECIAL MEETING <br />SEPTEMBER 17,2019 <br />CALLTO ORDER CHAIRPERSON PULIDO <br />HOUSING AUTHORITY BOARD MEMBERS: <br />IGLESIAS,PENALOZA, SARMIENTOSOLORIO, <br />VILLEGAS, WARD 4 AUTHORITY MEMBER <br />VACANT <br /> <br />ExecutiveDirector,AuthorityGeneralCounsel,Recording <br />Secretary <br /> <br /> <br />PUBLIC COMMENT ON AGENDA ITEMS AND ITEMS OF PUBLIC INTEREST <br />(Refer to page 2 “Public Input” for description.) <br /> <br />CONSENT CALENDAR <br /> <br />: Approve staff recommendation on Consent Calendar <br />Item: 1. <br /> <br />1.EXCUSEDABSENCES <br /> <br />Excuse absentHousing Authority Member(s). <br />*** END OFCONSENTCALENDAR *** <br />BUSINESS CALENDAR <br /> <br />JOINT SESSION OF THE CITY COUNCIL AND THE HOUSING AUTHORITY AGENCY <br />2.JOINT SESSION – APPROVE AMENDED AND RESTATED AFFORDABLE HOUSING LOANS <br />AND SUBORDINATION AGREEMENTS FOR THE REHABILITATION OF CORNERSTONE <br />APARTMENTS {STRATEGIC PLAN NO. 4, 5} <br /> <br />HOUSING AUTHORITY <br /> <br />1.Authorize the Executive Director of the Housing Authority to execute an Amended and <br />Restated Loan Agreement with Cornerstone Housing Partners LP (c/o Jamboree Housing <br />Corporation) for $2,054,327 in Housing Successor Agency funds by consolidating and <br />replacing thirty-three existing Housing Successor Agency loans in order to rehabilitate 126 <br />units of existing affordable housing at 805, 810, 815, 816, 825, 828, 835, and 904 S. Minnie Street, <br />HOUSING AUTHORITY AGENDA 3 SEPTEMBER 17, 2019 <br /> <br />
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