City Council

(46) 26-0555 CD 9, CD 13 MOTION (SOTO-MARTINEZ - JURADO) and RESOLUTION relative to issuing and/or reissuing one or more series of bonds in an aggregate principal amount not to exceed $30,000,000 to finance and/or refinance the acquisition, construction, improvement, renovation, furnishing and equipping of a 67-unit affordable multifamily rental housing project located at 5655 Lexington Avenue in Council District 13. 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 April 9, 2026. 2. ADOPT the accompanying TEFRA RESOLUTION approving the issuance and/or reissuance of bonds in an amount not to exceed $30,000,000 to finance and/or refinance the the acquisition, construction, improvement, renovation, furnishing and equipping of a 67-unit affordable multifamily rental housing project located at 5655 Lexington Avenue in Council District 13.