All Legislation
Ordinance2605-2024Passed

To amend the 2024 Capital Improvement Budget; to authorize the City Auditor to transfer funds within the Affordable Housing Bond Fund; to authorize the Director of Development to enter into a grant agreement with Community Development for All People in an amount up to $2,000,000.00 in support of the development of 245 units of new construction apartments owned by Dering Family Homes Owner LLC; to authorize the expenditure of up to $2,000,000.00 from the Affordable Housing Bond Fund; to authorize the reimbursement of expenditures incurred prior to the establishment of a purchase order; and to declare an emergency. ($2,000,000.00)

Progress

Introduced

Sep 18, 2024

In Committee

Oct 7, 2024

Passed

Oct 10, 2024

4

Enacted