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<br />DEC 213 '91 1.6:31 FAMILY/HOUSING/FUND_ <br /> <br />MINNEAPOLIS/SAINT PAUL FAMILY HOUSING FUND <br /> <br />MIDWEST PLAZA WE!lT, SUITE.: ISJS, 801 NICOLLET MALL. MINNEAPOUS. MINNESOTA 55402 <br /> <br />(&12) .175.96+4 <br /> <br />Fax ('12) .1?s.S/648 <br /> <br />December 5, 1991 <br /> <br />Ms. Colleen Carey <br />Executive Director <br />Twin Cities Housing Development Corporation <br />400 Selby Avenue, Suite C <br />Saint Paul, MN 55102 <br /> <br />Dear Colleen: <br /> <br />I am pleased to. report that the Family Housing Fund Board of Directors is <br />quite enthused abOut the Calibre Rid,e project. At 1ts meeting of <br />November 25, 1991, the Board approved a 5220,000 loan for this project, in <br />accord with the terms and condiûons you proposed. The $220,000 would be <br />a 30 year. 2% deferred loan. <br /> <br />Sincerely, <br /> <br />odhn ~ <br /> <br />Thomas P. Fulton <br />President <br /> <br />, <br /> <br />P.2 <br /> <br />I <br />I <br />I <br /> <br />