RESOLUTION 17-004 LOW INCOME HOUSING TAX CREDIT APPLICATION FOR THE RESIDENCES AT TEMPLE GROVES.DOCX

Maricopa County — Formal (2017-02-15)

View PDF Item 71 Meeting page

Extracted text (via pymupdf_layout) 1373 characters
RESOLUTION 17-004
LOW INCOME HOUSING TAX CREDIT APPLICATION FOR A MESA, ARIZONA NEW
CONSTRUCTION PROJECT KNOWN AS “THE RESIDENCES AT TEMPLE GROVES”
WHEREAS, Resolution 12-033 authorized the Housing Authority of Maricopa County
(HAMC) to enter into Master Development Agreements with Gorman & Company as co-
developers for the purpose of developing affordable housing, at the HAMC’s sole election,
one or more real estate sites to create, improve, preserve and expand affordable housing
options within the HAMC’s area of operation; and
WHEREAS, HAMC desires to submit a March 1, 2017 Low Income Housing Tax Credit
application to the Arizona Department of Housing for the development of a Mesa, Arizona
60-unit new construction project known as “The Residences at Temple Groves” as co-
developers with Gorman and Company.
BE IT RESOLVED, that the Board of Commissioners of the Housing Authority of Maricopa
County hereby adopts Resolution No. 17-004 and authorizes HAMC with Gorman and
Company to submit a March 1, 2017 Low Income Housing Tax Credit application to the
Arizona Department of Housing for “The Residences at Temple Groves.”
Dated this ______________ day of ___________________________________, 2017.
Housing Authority of Maricopa County
ATTEST:
Chairman, Board of Commissioners
Gloria Munoz, Clerk of the Board
Approved As To Form
Attorney for Housing Authority