City Council 04 21 26 Agenda Item M 1 TEFRA Hearing Aspire Apartments

Oxnard City Council · April 9, 2026

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Intro and presenter identification

Presentation

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David Metchas, project manager with the housing department, opened the agenda item and introduced the Tax Equity and Fiscal Responsibility Act (TEFRA) hearing for the Aspire Apartments project, noting the hearing is required for tax-exempt bond qualification.

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Staff presented a TEFRA hearing for Aspire Apartments proposing up to $25,000,000 in tax-exempt bonds to finance an 88-unit affordable housing project at 536–538 Meta Street; no council vote was recorded in the transcript.

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Transcript

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