https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2461943&GUID=B9A71B1A-0A93-4E98-8157-757A4E4E8288Legistar15https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2461943&GUID=B9A71B1A-0A93-4E98-8157-757A4E4E8288B9A71B1A-0A93-4E98-8157-757A4E4E8288-2025-06-09-05-08-20Title: MOTION by Ridley-Thomas, Garcetti, Dupont-Walker and Kuehl directing the Chief Executive Officer to move forward with implementation of Affordable Housing and Business Loan Funds as follows: A. Engage the consortium led by California Community Foundation and Low Income Investment Fund to negotiate terms and conditions, in a multi-partner Countywide Transit-Oriented Affordable Housing Loan Fund to support the production and preservation of transit-oriented affordable housing (including mixed use projects)that leverages Metro’s financial contribution, as previously approved by the Boardin March 2015, and return to the Board for approval of the final terms and conditions; B. Design a pilot Countywide Transit-Oriented Small Business Loan Fund program to provide financing under favorable terms for commercial tenant improvements within transit adjacent, mixed use (including affordable housing) or commercial projects with particular emphasis on tenant improvements for local small businesses, with priority for ones that have been operating in the community for at least 5 years. ShouldMon, 09 Jun 2025 05:08:20 GMT