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MCDC board approves Habitat loan-term extensions and one reallocation of home‑repair funds
Summary
The board approved three related items from Habitat for Humanity—two loan‑term extensions and a reallocation of $45,000 originally for one home repair to support repairs at a different address—and cast a consolidated vote to approve all three items.
Toward the end of its April 23 agenda the MCDC board took up three linked Habitat for Humanity items: requests to extend the term of two CDC loan agreements and to reallocate $45,000 originally designated for one home‑repair project to another.
Habitat staff explained they had broken ground on the 5‑plex at Kings Row and expected to complete that phase before the April 30 deadline but submitted preemptive extension requests to avoid deadline risk. The reallocation request arose after site assessments showed the original Lively Hill repair scope exceeded the available funds and the family there chose not to proceed; Habitat asked to move the $45,000 to repairs at 1304 Garcia Street instead.
After discussion from board members about eligibility and scope, a motion to approve all three items was made and seconded; board members cast their votes and the chair announced the items carried. The board noted that awards are reimbursable and that city legal staff will confirm eligibility and terms for specific capital and infrastructure costs.
