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<br /> <br />MEMORANDUH <br />I <br /> <br />DATE: <br /> <br />April 1, 1991 <br /> <br />::: :~::~n Vi))f <br />Low In.cO:lS Dousing Tax dit - Calibre Ridge <br />/ <br /> <br />TO: <br /> <br />FROM: <br /> <br />stm1'B('T: <br /> <br />I have had the opportunity to review the Calibre Ridge requast~ <br />a..~d I would make the following comments: <br /> <br />1. We should contact MBFA and point out that we are oppoesd to <br />this project. The City council specifically asked Dominium. <br />during the initial review whether this would be a low or <br />moderate income project, the council was reassured that it <br />would not. I think this element should be emphasized. <br />Dominium couldn't get the project financed and thus Duffy is <br />310W involved with Gordy Bowe. <br /> <br />2. I would also suggest that we notify the neighbors that this <br />project will be requesting tax credits from HBFA, and that <br />they should forward. thair comments to the agency. As part <br />of that notification, we would point out that the CouIl:::!1 <br />was not aware that this was going to be a low mod project. <br /> <br />The word that 1 am hearing on the Ut5treetn is that this daal <br />looks thin. We should ngt help with site costs for access <br />through public works bonding or anyt!1ing else. <br /> <br />3. <br /> <br /> <br />~. ... <br />''"' <br /> <br />, ' <br /> <br />1 <br />