Agenda Item
4 23-0696 Subject: Infill Infrastructure Grant Catalytic Approval
From: Housing And Community Development Department
Recommendation: Adopt A Resolution Authorizing The City Administrator To (1) Accept And Appropriate An Amount Not To Exceed $40,769,344 From The State Of California's Infill Infrastructure Grant Catalytic Program To Pay For Infrastructure For Affordable Housing, And (2) Execute A Standard Agreement And Any Amendments Thereto In Connection With The State Of California's Infill Infrastructure Grant Catalytic Program; And (3) Enter Into Agreements With The Participating Housing Developers And Distribute The Infill Infrastructure Grant Catalytic Grant Funds Through Loans And/Or Grants Without Returning To Council