City Council

4. APPROVE THE KEY BUSINESS TERMS OF A FIRST AMENDMENT TO THE AMENDED AND RESTATED DEVELOPMENT, LEASE, AND LOAN AGREEMENT WITH NATIONAL COMMUNITY RENAISSANCE OF CALIFORNIA AND FUNDING IN THE AMOUNT OF $2,756,073 UNDER THE FEDERAL HOME INVESTMENT PARTNERSHIP PROGRAM FOR THE CONSTRUCTION OF AN AFFORDABLE HOUSING PROJECT FOR SENIORS ON CITY-OWNED PROPERTY AT 280 RAMONA STREET (Housing Dept.) Recommendation: It is recommended that the City Council: (1) Find that the actions proposed in the agenda report are not a “project” subject to the California Environmental Quality Act (CEQA) pursuant to Public Resources Code Section 21065 and within the meaning of State CEQA Guidelines Section 15378; (2) Approve $2,756,073 in federal Home Investment Partnership Program funds currently budgeted in the Department’s FY 2027 Operating Budget; (3) Approve the key business terms, as described in the agenda report, of the proposed First Amendment to the Amended and Restated Development, Lease, and Loan Agreement with National Community Renaissance of California; and (4) Authorize the City Manager to execute any and all documents necessary to effectuate the staff recommendation.