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File #: 20-723    Version: 1 Name: Mortgage Renewal - The Hamlet
Type: Action Report Status: Carried
File created: 11/3/2020 In control: Capital Region Housing Corporation Board
On agenda: 11/18/2020 Final action: 11/18/2020
Title: Mortgage Renewal - The Hamlet
Attachments: 1. Staff Report: Mortgage Renewal - The Hamlet

Title

Mortgage Renewal - The Hamlet

 

Recommendation

a)                     That the resolution required by BC Housing Management Commission to renew the mortgage for The Hamlet through the Canada Mortgage and Housing Corporation Direct Lending Program for a term not to exceed the expiry of the existing operating agreement be approved; and

b)                     That the Chief Administrative Officer and Chief Financial Officer be authorized to sign any documents related to the mortgage renewal.