or near 1190 Airport Boulevard (File 26-1777)

Context: File 26-1777, heard May 28, 2026, describes only a resolution supporting the applicant's federal Housing Tax Credit application and disclaims any City funding obligation, without naming conditions.

Recommended: Pull the adopted resolution and the accompanying staff backup for the May 28 hearing and determine whether council attached any conditions on tenant relocation, affordability term, or entity substitution — the published item language contains none. If the resolution is bare support with no conditions, any tenant protections your client is relying on must come from the tax credit or bond documents, not from the City action.

Context: The May 28, 2026 item supports a 4% Non-Competitive Housing Tax Credit application to be financed through the private activity bond program, and states that approving the resolution does not constitute any obligation of the City with respect to funding.

Recommended: Treat the May 28 council action as a support resolution for the federal tax credit application only — it expressly creates no City funding obligation, so confirm in writing which issuer will actually approve and price the private activity bonds before you lock rehabilitation scope, contractor pricing, or a closing schedule. Assuming this vote cleared the bond side can strand an acquisition-rehab budget mid-underwriting.

Context: The May 28, 2026 item (File 26-1777) names the applicant as Elm Ridge Preservation, LP, "or an affiliated entity," for acquisition and rehabilitation of an existing multifamily development at or near 1190 Airport Boulevard.

Recommended: The application was filed by "Elm Ridge Preservation, LP, or an affiliated entity," so request from the housing department the current ownership of the 1190 Airport Boulevard property, the final ownership entity, and any tenant relocation or rent-increase plan tied to the rehabilitation. The entity council endorsed may not be the entity that ultimately owns and rents the building.

Context: Council heard a May 28, 2026 resolution supporting tax credits for acquisition and rehabilitation of an existing multifamily development to be known as Elm Ridge Apartments at or near 1190 Airport Boulevard.

Recommended: If you rent at or near 1190 Airport Boulevard, ask management and the city housing office whether the building is the one council backed for tax credit rehabilitation, and specifically whether tenants must move out during construction and whether income certification will be required to renew a lease afterward. This is an acquisition and rehabilitation of an existing occupied building, not new construction on vacant land.