City Council

(23) 21-1177-S1 CD 8 MOTION (HARRIS-DAWSON - RAMAN) relative to securing funds for the Manchester Urban Homes Development at 8721-8765 South Broadway Avenue, Los Angeles, Caifornia 90003 in Council District 8. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: DIRECT the Los Angeles Housing Department (LAHD) to commit up to $7 million from Fund No. 59T - City of Los Angeles Housing Impact Trust Fund as a deferred payment loan with the terms and conditions approved by Council in the Affordable Housing Managed Pipeline guidelines (Council file No. 22-0876) INSTRUCT the LAHD to report within 90 days on the final amount of the loan and all funding sources. Motion (Harris-Dawson - Raman) dated 2-24-23