City Council

8. Cooperation Agreement (CDBG Funds Transfer) between the City and Housing\nAuthority; and First Amendment to Affordable Housing and CDBG Loan Agreement\n(Phase IV) Between the Housing Authority and Families Forward\n6/23/23, 1:53 PM View Meeting - OnBase Agenda Online\nRecommended Action: (1) Adopt Joint Resolution of the City Council and Housing Authority\n23-XX Approving the First Amendment to Cooperation Agreement (CDBG Funds Transfer)\nBetween the City and Housing Authority for Transfer of an Additional $200,000 (for a\ncumulative total of $639,000) of CDBG Funds to Implement the Affordable Housing and\nCDBG Loan Agreement (Phase IV) and Making Certain Other Findings, and (2) adopt\nHousing Authority Resolution 23-XX Approving the First Amendment to Affordable Housing\nand CDBG Loan Agreement (Phase IV) Between the Housing Authority and Families\nForward Related to a CDBG Loan of up to $639,000 Sourced Solely from CDBG Funds as\nTransferred by the City to the Housing Authority for Acquisition and Long Term Operation of\nOne Single-Family Home for Lease and Occupancy by Low Income Persons and Families\nwho are Homeless or at Risk of Homelessness, and Making Certain Other Findings.