3.17 20-0845 Subject: Inn At Temescal - Homekey
From: Housing & Community Development Department
Recommendation: Adopt A Resolution Amending Resolution No. 88283 C.M.S., Which, Among Other Things, Accepted And Appropriated Up To $3.15 Million, As A Local Agency Partner, In State Homekey Funds, And Awarded A Grant Agreement To Operation Dignity And Danco Communities (Development Partner) In An Amount Not To Exceed $4.2 Million, For Development Partner To Acquire And Rehabilitate The Inn At Temescal For Permanent Affordable Housing, To: (1) Accept And Appropriate Up To An Additional $400,000 In Homekey Funds, As Local Agency Partner, For The Operation Of The Inn At Temescal For Permanent Affordable Housing For Homeless Veterans, And (2) Award A Grant Agreement To Development Partner, Or An Affiliated Entity Approved By The City Administrator, In An Increased Amount Not To Exceed $4,600,000 To Acquire, Rehabilitate, And Operate The Inn At Temescal; On The December 1, 2020 City Council Agenda On Consent