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File #: 110078   
Type: Resolution Status: Passed
File created: 11/27/2024 Meeting Body: Board of Acquisition and Contract
On agenda: 12/12/2024 Final action: 12/12/2024
Title: Planning - Enter into a loan agreement with Apropos Housing Opportunities and Management Enterprises Inc. aka A-HOME, its successors and/or assigns, whereby the County will loan an amount not to exceed $510,707 from the Westchester County Housing Flex Fund Program to be used towards rebuilding an affordable supportive housing development that was destroyed by fire that will affirmatively further fair housing with ten (10) units reserved for eligible disabled formerly homeless senior households aged 55 and over with incomes at or below 30% of AMI, to be located at 1035 Broadway in the Town of Mount Pleasant, commencing upon execution.
Attachments: 1. RESA110078.pdf

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Planning - Enter into a loan agreement with Apropos Housing Opportunities and Management Enterprises Inc. aka A-HOME, its successors and/or assigns, whereby the County will loan an amount not to exceed $510,707 from the Westchester County Housing Flex Fund Program to be used towards rebuilding an affordable supportive housing development that was destroyed by fire that will affirmatively further fair housing with ten (10) units reserved for eligible disabled formerly homeless senior households aged 55 and over with incomes at or below 30% of AMI, to be located at 1035 Broadway in the Town of Mount Pleasant, commencing upon execution. 

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B. Lopez