ApprovalLoan
Amend the Fiscal Year 2026-2027 city budget (Resolution 26-090) to authorize $1.5 million from the Low and Moderate Income Housing Asset Fund (LMIHAF) to MP Madison Street Associates, L.P. as a loan to construct an affordable housing project at 587 and 593 Van Buren Street and 424 and 450 Madison Street, and assign the Permanent Local Housing Allocation (PLHA) loan to MP Madison Street Associates, L.P.
$1.50M→ MP Madison Street Associates, L.P.
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