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Item 21 - Amendment to the Affordable Housing Funds Policies and Procedures
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Item 21 - Amendment to the Affordable Housing Funds Policies and Procedures
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Last modified
10/29/2025 1:32:33 PM
Creation date
10/29/2025 1:27:32 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
21
Date
11/4/2025
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<br />Affordable Housing Funds Policies and Procedures Page 2 <br /> <br /> <br />TABLE OF CONTENTS <br /> <br />I. INTRODUCTION 7 <br />II. TYPES OF LOANS AND GRANTS 8 <br />III. PROPOSAL SUBMITTAL AND REVIEW PROCEDURES 9 <br />IV. PRE-LOAN COMMITMENT 19 <br />V. LOAN TERMS AND CLOSING PROCEDURES 20 <br />VI. PROJECT MONITORING AND REPORTING 22 <br />VII. FUNDING SOURCES 23 <br />Low and Moderate Income Housing Asset Fund 23 <br />Inclusionary Housing Fund 26 <br />HOME Investment Partnerships Program 28 <br />Community Development Block Grant Program 32 <br />Project-Based Voucher Program 34 <br /> <br /> <br /> <br /> <br />Exhibit 1
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