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Board approves closing-date extension for Interfaith Housing purchase of 800–820 S. 5th Ave.
Summary
The board approved a motion extending the closing date to Oct. 31, 2019 for Interfaith Housing Development Corporation's purchase of 800–820 South 5th Avenue for the Interfaith 5th Apartment Project.
Trustees approved an extension of the closing date for Interfaith Housing Development Corporation’s purchase of properties at 800–820 S. 5th Ave., which are intended for the Interfaith 5th Apartment Project. Trustee I. Brandon moved and Trustee M. Lightford seconded the extension; the board voted to set the new closing date of Oct. 31, 2019.
The motion extends only the closing deadline and does not alter sales terms recorded in prior agreements. No additional approvals or funding were adopted in connection with the extension during the meeting.
