REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
August 22, 2023
FROM
CARRIE HARMON, Director, Community Development and Housing Department
SUBJECT
Title
Letter of Support to National Community Renaissance of California for Refinance of the Citrus Grove Apartments in Rialto
End
RECOMMENDATION(S)
Recommendation
1. Approve the Letter of Support to National Community Renaissance of California for the refinance of the Citrus Grove Apartments in Rialto.
2. Authorize the Director of the Community Development and Housing Department, upon consultation with County Counsel, to execute the Letter of Support, make necessary non-substantive modifications, and execute all required certificates and related ancillary documents to enable the execution of the funding application by National Community Renaissance of California, for the Citrus Grove Apartments in Rialto.
3. Direct the Director of the Community Development and Housing Department to transmit the executed Letter of Support to the Clerk of the Board of Supervisors within 30 days of execution.
(Presenter: Carrie Harmon, Director, 382-3983)
Body
COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Promote the Countywide Vision.
Create, Maintain and Grow Jobs and Economic Value in the County.
Ensure Development of a Well-Planned, Balanced, and Sustainable County.
Provide for the Safety, Health and Social Service Needs of County Residents.
Pursue County Goals and Objectives by Working with Other Agencies and Stakeholders.
FINANCIAL IMPACT
This item does not impact Discretionary General Funding (Net County Cost). This action has no effect on the Community Development and Housing Department (CDH) budget.
BACKGROUND INFORMATION
On June 14, 2005 (Item No. 43), the Board of Supervisors (Board) approved HOME Loan Agreement No. 05-514 with National Community Renaissance of California (National CORE) (Borrower), formerly known as Southern California Hou...
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