Legislation Details

File #: 24-1367    Version: 1
Type: Action Item Status: Adopted
File created: 4/29/2024 In control: Home Advisory Group
On agenda: 5/7/2024 Final action: 5/7/2024
Title: Recommendation for Approval of a Conditional Commitment of HOME Investment Partnerships Act (HOME) funds with Alden Foundation, Project Numbers HM22-01 & HM23-01 – Addison Horizon Senior Living Community – in the Amount of $5,250,000 – for Construction of a 62-unit affordable rental housing development for seniors (62+), with 30 units funded by County HOME Funds.
Attachments: 1. 1-HM22-01-HM23-01-Alden Horizon, Addison-HOME Memo.pdf, 2. 2-Underwriting Memo Alden Addison FINAL.pdf, 3. 3-Addison Opportunity to Comment Resp 8-24-23_Redacted.pdf, 4. 4-Underwriting Memo Attachments-Combined_Redacted.pdf