Council approves Eagle Market loan modifications; agrees to fewer affordable units

The development shall leverage the City’s contribution in accordance with the City’s Workforce Housing Ordinance, funding no more than 20% of the Total Development Cost of any one project, and provide that a minimum of 51% of all units are affordable to households at/or below 80% AMI.

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At its Nov. 11 meeting, City Council approved a request to alter terms of the city’s support for a troubled mixed-use development on Eagle and Market Streets. As part of the modification, the city.

For the council. market rates (the council also specified that staff should consider an "opt-in" provision that would allow homeowners who no longer want to provide their units at affordable rates.

to: honorable mayor and city council from: housing and career services department subject: approval of housing acquisition loan agreement with heritage housing partners to provide purchase money financing in an amount not to exceed $977,000 to acquire and resell three (3) affordable homeownership units within the fair oaks court development

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Surrey council has approved the new 16-acre project, near 73rd Avenue and 184 Street. According to a city report, this is the largest land assembly yet in the neighborhood of Clayton. Around 206 trees will be coming down on the property.

Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement is declared effective. If any securities being registered on this form are to.

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Uploaded: Tue, Apr 18, 2017, 3:35 am. Palo Alto finds compromise on accessory housing city Council revisits, scales back its controversial March decision to remove restrictions on ‘granny’ units

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