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