File #: 20-0208    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 1/29/2020 In control: City Council
On agenda: 2/11/2020 Final action: 2/18/2020
Title: Ordinance authorizing a Type B Affordable Housing agreement with TG 110 Village at Greenwood GP, LLC in the amount of $1,250,000 for a $12.7 million dollar development with 30 affordable housing rental units out of a total of 60 multi-family, mixed income units to be paid over two years; appropriating funds in the amount of $625,000 from the Type B Affordable Housing Fund; and amending the budget.
Sponsors: Human Resources
Attachments: 1. Agenda Memo - TG 110 The Village on the Greenwood, 2. Ordinance - Vilage at Greenwood, 3. Type B Corp Affordable Housing Application, 4. Agreement - Village at Greenwood, 5. Presentation - TG110 Village at Greenwood

Title

Ordinance authorizing a Type B Affordable Housing agreement with TG 110 Village at Greenwood GP, LLC in the amount of $1,250,000 for a $12.7 million dollar development with 30 affordable housing rental units out of a total of 60 multi-family, mixed income units to be paid over two years; appropriating funds in the amount of $625,000 from the Type B Affordable Housing Fund; and amending the budget.