File #: 21-0723    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 7/14/2021 In control: Community Redevelopment Agency
On agenda: 8/17/2021 Final action: 8/17/2021
Title: Resolution Approving a $640,000 Development Incentive Program Loan as a Local Government Area of Opportunity Funding to Green Mills Holdings, LLC and The Pantry of Broward, Inc. for “The Pantry Lofts”, Contingent Upon the Award of 9% Tax Credits from the Florida Housing Finance Corporation, Authorizing the Executive Director to Execute Any and All Instruments Related to the Loan and Delegating Authority to the Executive Director to Take Certain Actions - (Commission District 2)
Sponsors: COMMUNITY REDEVELOPMENT AGENCY BOARD
Attachments: 1. CRA Board Memo 21-0723, 2. Exhibit 1 - Location Map, 3. Exhibit 2 - Plans and Features, 4. Exhibit 3 - CRA Funding Application and Project Overview, 5. Exhibit 4 - JP Morgan Chase Commitment Letter, 6. Exhibit 5 - Raymond James Commitment Letter, 7. Exhibit 6 - Project Summary and Pro-forma, 8. Exhibit 7 - Project Schedule, 9. Exhibit 8 - July 13, 2021, NPF CRA Advisory Board Draft Minutes, 10. Exhibit 9 - Resolution, 11. Resolution No. 21-06 (CRA)
Related files: 21-0785

Title

Resolution Approving a $640,000 Development Incentive Program Loan as a Local Government Area of Opportunity Funding to Green Mills Holdings, LLC and The Pantry of Broward, Inc. for “The Pantry Lofts”, Contingent Upon the Award of 9% Tax Credits from the Florida Housing Finance Corporation, Authorizing the Executive Director to Execute Any and All Instruments Related to the Loan and Delegating Authority to the Executive Director to Take Certain Actions - (Commission District 2)