LA County Board

31. Multifamily Housing Revenue Notes to Finance the Development of\nRamona Metro Point in the City of El Monte\nRecommendation: Adopt and instruct the Chair to sign a resolution authorizing\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 $1,497,120, to assist Ramona Metro Point, L.P. or\nLACDA approved designee, to finance the site acquisition, construction, and\ndevelopment of Ramona Metro Point, 51-unit multifamily rental housing\ndevelopment located at 11016 Ramona Boulevard in the City of El Monte (1).\n(Los Angeles County Development Authority) ADOPT (Relates to Agenda\nNo. 2-D) (23-0027)\nAttachments: Board Letter\nPublic Comment/Correspondence