File #: 17-3036    Version: 1 Name:
Type: Resolution Status: Regional
File created: 11/9/2017 In control: Programming and Allocations Committee
On agenda: 2/14/2018 Final action:
Title: MTC Resolution Nos. 3831, Revised, 3989, Revised and 4311. Preservation Pilot Fund. Allocates $10 million in MTC Exchange Program funds to establish the Bay Area Preservation Pilot (BAPP), a revolving loan fund to acquire and protect homes currently affordable to low-income residents that are currently available on the market.
Attachments: 1. 9a_PAC_3a_MTC_ResNos_3831-3989-4311_Preservation_Pilot.pdf, 2. 3a_Reso_3831-3989-4311_Preservation_Pilot.pdf

Subject:

Title

MTC Resolution Nos. 3831, Revised, 3989, Revised and 4311.  Preservation Pilot Fund.

 

Allocates $10 million in MTC Exchange Program funds to establish the Bay Area Preservation Pilot (BAPP), a revolving loan fund to acquire and protect homes currently affordable to low-income residents that are currently available on the market.

Body

 

Presenter:

Presenter

Therese Trivedi (MTC), Melissa Garcia (Low Income Investment Fund), and Noni Ramos (Enterprise Community Partners)

 

Body

Recommended Action:

Action

Commission Approval