Innovan Neighborhoods, LLC

Authorization for a conditional grant and development agreement with Innovan Neighborhoods, LLC for up to $8,000,000 to develop a 188-unit single-family mixed-income homeownership project at 6601 South Lancaster Road, including property conveyance and establishment of $1,494,276 in fund appropriations.

Authorize (1) the City Manager to negotiate and execute a conditional grant agreement and a development agreement with Innovan Neighborhoods, LLC and/or its affiliates ( Applicant), each approved as t

Briefing on an upcoming City Council item to authorize a $6 million CDBG-DR development loan and a $2 million General Obligation Bond conditional grant to Innovan Neighborhoods, LLC for a 188-unit single-family townhome development at 6601 S. Lancaster Road.

…using Focus) for the development of 6601 S. Lancaster townhomes (Project), with Innovan Neighborhoods, LLC, or its affiliate (Applicant), a 188-unit single-family housing development loc…