Los Angeles
City Council
(21) 26-0253
CD 3 MOTION (BLUMENFIELD - JURADO) and RESOLUTION relative to
the issuance of revenue bonds for the 395-unit multifamily rental
housing project located at 21010 Vanowen Street in Council District
Three (CD 3).
Recommendations for Council action, SUBJECT TO THE APPROVAL
OF THE MAYOR:
1. CONSIDER the results of the Tax Equity and Fiscal
Responsibility Act of 1982 (TEFRA) public hearing held on
February 3, 2026 for the Project.
2. ADOPT the accompanying TEFRA RESOLUTION, to allow the
California Municipal Finance Authority to issue revenue bonds
or notes in an amount not to exceed $80,000,000 to finance
and/or refinance the acquisition, construction, improvement,
renovation, furnishing, and equipping of a 395-unit multifamily
rental housing project located at 21010 Vanowen Street in CD
3.