Chicago City Wire

Chicago Housing Authority Real Estate Operations Development Committee met Oct. 17.

Here is the agenda provided by the Committee:

I. Roll Call

II. Approval of minutes for the Real Estate Operations Development Committee meeting of September 19, 2017.

III. Resolutions

Item No. 6 Authorization to execute Housing Assistance Payment Contracts for Property Rental Assistance at 90th Street Development; Casa Kirk Apartments and Wentworth Commons Apartments – Derek Messier, Chief Property Officer 

Item No. 7 Authorization to submit Rental Assistance Demonstration Financing Plans to HUD and enter into RAD Conversion Commitments with HUD for William Jones Apartments and Hattie Callner Apartments; commit CHA funds in a total amount not-to-exceed $18,700,000 for the replacement reserve and execute Housing Assistance Payment contracts for the two properties – Derek Messier, Chief Property Officer 

Item No. 8 Authorization to approve the Tenant Selection Plan, Lease and Lease Riders for John Pennycuff Memorial Apartments, Ravenswood Senior Living Apartments, Northtown Apartments and Independence Apartments and amend the CHA HCV Program Administrative Plan – Diana Liu, Chief Development & Construction Officer 

Item No. 9 Authorization to commit CHA funds in an amount not-to-exceed $15,800,000 for the Taylor Street Library and Apartments; submit a Development Proposal and Evidentiary Documents to HUD and approve a Tenant Selection Plan, Lease and Lease Riders – Diana Liu, Chief Development & Construction Officer 

Item No. 10 Authorization to enter into a Predevelopment Loan Agreement with Parkside Associates, LLC in the amount of $1,116,152 for Parkside III – Diana Liu, Chief Development & Construction Officer 

Item No. 11 Authorization to amend the Disposition Application to dispose of the building and related improvements located at 1322-24 W. Taylor via Fee Simple Title to the National Public Housing Museum (NPHM) and enter into a Ground Lease for the land between NPHM and CHA – Diana Liu, Chief Development & Construction Officer

IV. Adjournment

http://www.thecha.org/assets/1/6/Real_Estate_Ops_Dev_Agenda_(Oct2017).pdf