What: Two companion ordinances, each authorizing up to $1,200,000.00 of federal HOME Investment Partnerships Program funds ($200,000.00 from the 2023 grant and $1,000,000.00 from the 2024 grant, from the U.S. Department of Housing and Urban Development) and authorizing the Director of the Department of Development to execute a commitment letter, loan agreement, promissory note, mortgage and restrictive covenant.
1189-2026: with Opportunity Pointe I Limited Partnership, for the Opportunity Pointe I project.
1191-2026: with Opportunity Pointe II Limited Partnership; the title as printed in the minutes again says "Opportunity Pointe I project," which looks like a typographical carry-over.
Votes (5/11/2026): each moved by Ross, seconded by Wyche; approved 8-0 (Barroso De Padilla absent). Both came from the Housing, Homelessness, and Building committee (Ross, chair).
Where it stands: approved. The minutes give no unit counts or site details.
First reading of 1189-2026 (Opportunity Pointe I) and 1191-2026 (Opportunity Pointe II), up to 1,200,000 dollars in HOME funds each; the Opportunity Pointe II title again reads "Opportunity Pointe I project" in the 4/27 minutes.