LA County Board

44. Multifamily Housing Mortgage Revenue Notes to Finance the Development\nof The Metro @ Florence Apartments Project\nRecommendation: Adopt and instruct the Chair to sign a resolution approving\nthe issuance of tax-exempt Multifamily Housing Mortgage Revenue Notes by the\nLos Angeles County Development Authority (LACDA), in an aggregate principal\namount not to exceed $51,323,300, to assist Metflo, LP, or an LACDA-approved\ndesignee, to finance the site acquisition, construction, rehabilitation, or\ndevelopment of Metro @ Florence Apartments Project, an 160-unit supportive\nhousing development for homeless and low-income families, located at 7220\nMaie Avenue in unincorporated Florence-Firestone (2). (Los Angeles County\nDevelopment Authority) ADOPT (Relates to Agenda No. 2-D) (23-3713)\nAttachments: Board Letter\nPublic Comment/Correspondence