City Council

7.2 Bond Approval: Approve the Issuance of Tax-Exempt Multifamily Housing Revenue Bonds for\nthe Renovation of the Seniors on Broadway Project and Certain Other Matters Relating\nThereto\nReport Number: 24-0222\nLocation: 845 Broadway\nDepartment: Housing and Homeless Services\nG.C. § 84308: No\nEnvironmental Notice: The activity is not a “Project” as defined under Section 15378 of the\nCalifornia Environmental Quality Act (“CEQA”) State Guidelines. Therefore, pursuant to State\nGuidelines Section 15060(c)(3) no environmental review is required.\nRECOMMENDED ACTION:\nAdopt a resolution authorizing the issuance of $12,000,000 in tax-exempt bonds for an existing\naffordable project, Seniors on Broadway, located at 845 Broadway.