City Council

DEPARTMENTAL REPORTS\nDR-1 & H-3. HOUSING SERVICES AND CDBG DEPARTMENT\nStaff report recommending the Mayor/Chairman and Council/Housing Authority Members\napprove a Pre-Development Loan Agreement with 304 E Spruce St, LP (Developer), for\nthe construction of a new 60-Unit Affordable Rental Housing Project located at 411 E.\nKelso Street Inglewood, CA 90301. (Bond Funds)\nRecommendation:\n1. Approve Pre-Development Loan Agreement for $2,500,000.\nDocuments:\nDR-1,H-3.PDF