File #: SR 19-0581   
Type: Resolution Status: Passed
Department: Child Support Services
Meeting Date: 6/25/2019
Legislative Title: Resolution rescinding Resolution 19-127, approving an Assignment and Assumption Agreement regarding the rights, obligations, and duties under the Community Development Block Grant (CDBG) loan pertaining to the 42-unit affordable housing rental complex located at 10533 Broken Oak Court, Penn Valley CA 95946, from Penn Valley Apartments, Ltd. to the Nevada County Housing Development Corporation, and forgiving the CDBG loan by the County of Nevada. (Housing) (Dist. IV)
Indexes: Health and Human Services Agency (63), Housing & Community Services/Housing Authority (58), State of California (Miscellaneous, Home Rule) (34)
Attachments: 1. RES 19-319 Rescinding Resolution 19-127, Approving an Assignment and Assumption Agreement regarding the Community Development Block Grant Loan Pertaining to 10533 Broken Oak Court in Penn Valley, 2. Staff Ltr CDBG Loan - Courtyard at Penn Valley2 Final, 3. Resolution Courtyards at Penn Valley NCHDC Forgiveness - Final3, 4. CDBG NC Loan Agreement, 5. Exhibit A - Loan Agreement, 6. Exhibit B - CDBG Assignment Agreement
Related files: SR 19-0229

Title

Resolution rescinding Resolution 19-127, approving an Assignment and Assumption Agreement regarding the rights, obligations, and duties under the Community Development Block Grant (CDBG) loan pertaining to the 42-unit affordable housing rental complex located at 10533 Broken Oak Court, Penn Valley CA 95946, from Penn Valley Apartments, Ltd. to the Nevada County Housing Development Corporation, and forgiving the CDBG loan by the County of Nevada. (Housing) (Dist. IV)