File #: 200219   
Type: Consent Calendar Status: Agenda Ready
Meeting Body: City Council
On agenda: 4/21/2020
Title: Multi-Family Housing Revenue Bonds-950 El Camino Real Apartments
Indexes: Affordable Housing, Affordable Housing NOFA, Palo Alto Housing, TEFRA Hearing
Attachments: 1. Council Report, 2. ATT 1 - Resolution, 3. ATT 2 - Public Hearing Minutes
Related files: 18283, 190155, 18703, 190239

Title

Multi-Family Housing Revenue Bonds-950 El Camino Real Apartments

Recommended Action

Adopt a Resolution Approving the Issuance of Revenue Bonds by the California Municipal Finance Authority in an Aggregate Principal Amount Not to Exceed $28,000,000 to Finance the Development of a 71-Unit Apartment Project for Persons and Households of Low-Income, for the Benefit of 950 El Camino Real, LP, or Another Entity Created by Palo Alto Housing Corporation, and Certain Other Matters Relating Thereto to Benefit Notice of Public Hearing, to be read in title only, further reading waived (Attachment 1 to the Council report).