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CC_06242025_Motion_HHP_Servicing_Agreement

Glendale City Council
June 24, 2025

Document
CC_06242025_Motion_HHP_Servicing_Agreement
Meeting
June 24, 2025
Body
Glendale City Council
Original file
5 KB
Text extracted from the city's file for reading and search. Open the original on glendaleca.primegov.com. That file is the official record.

MOTION
Moved by Council Member__________________________,
seconded by Council Member ___________________________, that the Council hereby approves an amendment to the contract with Heritage Housing Partners for loan servicing and administering a line of credit for the purchase/resale of Doran Affordable Homeownership Units. The amendment will extend the agreement term for two years to June 30, 2027, as particularly outlined in the Joint Report to the Council and Housing Authority dated June 24, 2025.

Vote as follows:

Ayes:

Noes:

Absent:

Abstain:

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