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Committee forwards inducement resolution for Gary Boulevard senior housing project seeking up to $38 million in bonds
Summary
The committee forwarded an inducement resolution for the Gary Boulevard Senior Living and Health Center, a Bridge Housing/Institute on Aging project proposing 150 affordable senior units and a senior clinic; the Mayor’s Office of Housing said it has invested about $16.2 million and will seek up to $38 million in CDLAC mortgage revenue bonds.
The Government Audit and Oversight Committee forwarded to the full Board of Supervisors an inducement resolution to permit the issuance of qualified mortgage revenue bonds for the Gary Boulevard Senior Living and Health Center.
Anne Romero, project manager at the Mayor's Office of…
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