3. To authorize the Chairman to execute the Local Government

BCC - Regular Board Meeting - 4th Tuesday · 2026-04-28 · agenda_item

This item concerns a Local Government Verification of Contribution Loan Form, an Area of Opportunity Funding Form, and a commitment letter related to a LIHTC Program application. The fiscal impact is $460,000, funded by a grant. This is a planned item, meaning it is early in the process. The work this project would set in motion is not yet detailed, but LIHTC applications typically lead to the development of affordable housing. This could involve site preparation, construction, and related trades. Local contractors, suppliers, and service providers are encouraged to reach out early to understand the project's scope as it develops, before bids and permits are finalized.

fiscal impact

460000 $