City Council

(61) 26-0585 CD 10 MOTION (HUTT - HERNANDEZ) and RESOLUTION relative to issuing one or more series of bonds, in an amount not to exceed $25,000,000 to finance and/or refinance the acquisition of a 71-bed -unit multifamily rental housing project located at 1035 Crenshaw Boulevard in Council District 10. 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 January 22, 2026 for the Project. 2. ADOPT the accompanying TEFRA RESOLUTION approving the issuance of bonds in an amount not to exceed $25,000,000 for the purpose of financing and/or refinancing the acquisition of a 71-unit multifamily rental housing project located at 1035 Crenshaw Boulevard in Council District 10.