Title
Conditional Commitment of Fiscal Year 2025-2026 Multifamily Housing Funds
Recommended Action
Approve a Resolution authorizing the preliminary award of $7,169,699 in Local Housing Trust Fund, HOME Partnership Investment Program, HOME - Community Housing Development Organization Set-Aside, Permanent Local Housing Allocation, and Community Development Block Grant funding to the following applicants under the Fiscal Year 2025-2026 Notice of Funding Availability; allocation of $1,290,521 in Local Housing Trust Fund to the Republic Cafe, located at 37 & 39 Soledad St., for the rehabilitation and stabilization; and the City Manager, or designee, to execute all applicable forms, conditional commitment letters, agreements, grant-related documents, and subsequent amendments as needed.