San Jose Ca.Gov
File #: 23-1491    Version: 1
Type: Consent Agenda Status: Agenda Ready
File created: 10/24/2023 In control: City Council
On agenda: 11/7/2023 Final action:
Title: Approval of an Exception to the City Multifamily Housing Revenue Bond Policy Allowing Stevens Creek Promenade Affordable Housing Development to Use an Alternate Bond Issuer.
Attachments: 1. Memorandum, 2. Resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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...Title

Approval of an Exception to the City Multifamily Housing Revenue Bond Policy Allowing Stevens Creek Promenade Affordable Housing Development to Use an Alternate Bond Issuer.

...Recommendations

Adopt a resolution authorizing an exception to the City Council’s Multifamily Housing Revenue Bond Policy 1-16, for the issuance of Multifamily Housing Revenue Bonds for the Stevens Creek Promenade development at 4300-4360 Stevens Creek Boulevard, due to special circumstances, thereby allowing the California Housing Finance Authority to issue the bonds.

CEQA: Addendum to the 4300 Stevens Creek Boulevard Mixed-Use Project Environmental Impact Report (Resolution No. 80668), File Nos. PDC20-021 and PD20-012. Council District 1. (Housing/Finance)