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Title:
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Submitting reso. autho. Review and Approval of Revised HOME and CDBG Awards, Modifications and Subordinations. (The Housing & Revitalization Department is requesting to increase the allocations for Marwood Apartments (HOME/CDBG), Tuscan Park Apartments (HOME), Treymore Apartments (HOME) and Brightmore Homes (CDBG only). HRD is correcting the previous allocation from $1 million to $1.6 million, the amount required to cover the current gap on the MSHDA 4% LIHTC funding for the project.) (REFERRED TO THE PLANNING AND ECONOMIC DEVELOPMENT STANDING COMMMITTEE ON 11-3-16)
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