Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves $1 million additional loan for Lincoln Avenue Apartments; CO issues remain
Summary
Council approved a loan modification and an additional $1 million loan to Lincoln Avenue Apartments to cover development impact and connection fees; developer said lack of final certificate of occupancy blocks investor tax-credit funds.
The Calistoga City Council on May 20 approved a loan modification and an additional $1,000,000 loan to the developer of the Lincoln Avenue Apartments to address remaining development impact and connection fees.
Planning and Building Director Greg Desmond told the council the city originally committed $2,000,000 to the project as a long-term loan in exchange for 78 permanently affordable…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
