Approves a contract with MHMP 21 Navajo LLLO for $8,550,000 and 99 years in which the loan will be forgivable providing the property has maintained compliance and affordability requirements, to construct 190 income-restricted units to be leased at rents affordable to qualifying households, in Council District 3 (HOST-202475776).

24-1179 · Resolution · Approval Review

Timeline

• Sep 18, 2024: approved by consent (Safety, Housing, Education & Homelessness Committee)