City Council

(46)\n26-0555\nCD 9, CD 13\nMOTION (SOTO-MARTINEZ - JURADO) and RESOLUTION relative\nto issuing and/or reissuing one or more series of bonds in an\naggregate principal amount not to exceed $30,000,000 to finance\nand/or refinance the acquisition, construction, improvement,\nrenovation, furnishing and equipping of a 67-unit affordable multifamily\nrental housing project located at 5655 Lexington Avenue in Council\nDistrict 13.\nRecommendations for Council action, SUBJECT TO THE APPROVAL\nOF THE MAYOR:\n1. CONSIDER the results of the Tax Equity and Fiscal\nResponsibility Act of 1982 (TEFRA) public hearing held on April\n9, 2026.\n2. ADOPT the accompanying TEFRA RESOLUTION approving\nthe issuance and/or reissuance of bonds in an amount not to\nexceed $30,000,000 to finance and/or refinance the the\nacquisition, construction, improvement, renovation, furnishing\nand equipping of a 67-unit affordable multifamily rental housing\nproject located at 5655 Lexington Avenue in Council District 13.