Los Angeles
City Council
Agenda Item 65
(65)\n26-0589\nCD 14\nMOTION (JURADO - BLUMENFIELD) and RESOLUTION relative to\nissuing one or more series of bonds, in an amount not to exceed\n$8,000,000 to finance and/or refinance the acquisition of a 43-unit\nmultifamily rental housing project located at 721 Main Street in Council\nDistrict 14.\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\nJanuary 22, 2026 for the Project.\n2. ADOPT the accompanying TEFRA RESOLUTION approving\nthe issuance of bonds in an amount not to exceed $8,000,000\nfor the purpose of financing and/or refinancing the acquisition of\na 43-unit multifamily rental housing project located at 721 Main\nStreet in Council District 14.