Lake Forest

City Council

March 03, 2026 Item #7

Agenda Item 7

7.\nFIRST AMENDMENT TO THE AMENDED AND RESTATED AFFORDABLE\nHOUSING LOAN AGREEMENT WITH NATIONAL COMMUNITY\nRENAISSANCE OF CALIFORNIA FOR THE ASPAN COURT\nAFFORDABLE HOUSING PROJECT\nRECOMMENDED ACTION: Approve a Resolution entitled: “A JOINT\nRESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE FOREST,\nCALIFORNIA, AND THE HOUSING AUTHORITY OF THE CITY OF LAKE\nFOREST, CALIFORNIA, APPROVING AN AMENDMENT TO THE\nAMENDED AND RESTATED AFFORDABLE HOUSING LOAN\nAGREEMENT BETWEEN THE CITY OF LAKE FOREST, LAKE FOREST\nHOUSING AUTHORITY, AND NATIONAL COMMUNITY RENAISSANCE”\nRECOMMENDED ACTION: Adopt a Resolution titled: A RESOLUTION OF\nTHE CITY COUNCIL OF THE CITY OF LAKE FOREST, CALIFORNIA,\nAMENDING THE 2025-2027 OPERATING BUDGET; AMENDING THE\n2025-2032 CAPITAL IMPROVEMENT PLAN, AMENDING\nAPPROPRIATIONS FOR FISCAL YEAR 2025-26.\nCITY MANAGER'S REPORT\nAt this time, the City Manager may comment on agenda and non-agenda items; and report on items of interest to the City Council\nand community.\nCITY COUNCIL COMMENTS\nAt this time, City Council Members may comment on agenda or non-agenda matters. No discussion may take place on any item\nnot appearing on the posted agenda. Council Members may ask a question for clarification, respond to statements made or\nquestions posed by the public, make a brief announcement, or make a brief report on his or her own activities. In addition, the City\nCouncil may refer to staff or other resources for factual information, request staff to report back at a subsequent meeting or direct\nstaff to place a matter of business on a future agenda. No action may be taken on non-agenda matters unless authorized by law\n(Government Code Section 54954.2).\nCouncil Member Tettemer:\nCouncil Member Voigts:\nCouncil Member Yu:\nMayor Pro Tem Cirbo:\nMayor Pequeño: