File #: 16-2594   
Type: Consent Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 2/3/2020 Final action:
Title: Refinance and Rehabilitation Funding for Avery Square Apartments in Garner, NC
Attachments: 1. Item Summary

Title

Refinance and Rehabilitation Funding for Avery Square Apartments in Garner, NC

Recommended Action

That the Board of Commissioners approves a loan of $350,000 to CASA to support the refinancing and rehabilitation of Avery Square Apartments, an affordable family housing development in Garner, NC.

 

All funding commitments are subject to terms and conditions acceptable to the County Attorney. In addition, all awards are contingent upon the basic terms as identified in the project descriptions.