Cities Index.
HCD AHSC Loan Commitment

East Palo Alto City Council
July 18, 2023

Document
HCD AHSC Loan Commitment
Meeting
July 18, 2023
Body
East Palo Alto City Council
Pages
2
Original file
181 KB
Text extracted from the city's file for reading and search. Open the original on eastpaloalto.iqm2.com. That file is the official record.

STATE OF CALIFORNIA - BUSINESS, CONSUMER SERVICES and HOUSING AGENCY GAVIN NEWSOM, Governor DEPARTMENT OF HOUSING and COMMUNITY DEVELOPMENT

DIVISION OF STATE FINANCIAL ASSISTANCE
2020 W. El Camino Avenue, Suite 670, 95833
P. O. Box 952054
Sacramento, CA 94252-2054
(916) 263-2771
www.hcd.ca.gov
February 4, 2022
Jan M. Lindenthal, Assistant Secretary
Mid-Peninsula The Farm, Inc.
303 Vintage Park Drive, Suite 250
Foster City, CA 94404
Duana Bay, Executive Director
East Palo Alto Community Alliance Neighborhood Development Organization 2369 University Avenue
East Palo Alto, CA 94303
Patrick Heisinger, Assistant City Manager
City of East Palo Alto
1960 Tate Street
East Palo Alto, CA 94303
RE: Award Announcement – AHSC Program, Round 6, FY 2019-20 & FY 2020-21 PIN 47772 – 965 Weeks Street
Dear Jan M. Lindenthal, Duana Bay, and Patrick Heisinger:

The California Department of Housing and Community Development (Department) and the Strategic Growth Council are pleased to announce that 965 Weeks Street has been awarded an Affordable Housing and Sustainable Communities (AHSC) program award in the amount of $19,787,125. This letter constitutes notice of the award as approved by the Strategic Growth Council on January 26, 2022 of the following AHSC program funds:

AHSC Program Loan Funds
Amount Awarded $11,700,000
Contract Number 21-AHSC-16981
AHSC Program Grant Funds
Amount Awarded $8,087,125
Contract Number 21-AHSC-16982
The Department intends to issue a Standard Agreement within 90 days of receipt of the documentation required to execute this contract. An AHSC program representative will be in communication with you within a week to discuss and confirm any documents needed.
965 Weeks Street
February 4, 2022

Page 2 ends

Congratulations on a successful application. For further information, please contact Craig Shields, Branch Chief, Program Design and Implementation – Climate Change, at (916) 823-6054 or [email protected].

Sincerely,
Jennifer Seeger
Deputy Director
Division of State Financial Assistance

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