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Attachment A <br />:� <br />�� �� � <br />Harnes far Gene�aticns <br />� uly 2�, 20�9 <br />I�is. �arnre k�adel, �conamic L�e��eloprnent 1'lssociate <br />C:it�� af I�c�3�:v�e <br />2GC�{J Ci��ac {senter llritiTe <br />Ros�:vili�, 1�iN, LI�_�, 551�3 <br />5US]ECT: Har Mar A�arrmer�ts <br />LC�A Crant # 5G4�'7�121 S� TBRA �rartt # SG�07-143 Extensiot� <br />I�eax Ms. �adel: <br />11con, the lcad dtti�elt��ret oF the ]�toje�t, res�ectfu]ly rE-�c�uest5 a 1�-manth �xterisio� of t�t� l.�:I�.� <br />and'�`�iH�� granrs for Nat I�iax Ap�rar�cnts. 1]uc ts� �he current econc�mic condirions in �hc hausing <br />�ax �redit market, thc start of canstructinn ha� bccn de1�3�id and — slthough t�t� project is still <br />ex�ictked ta be undei eo�tstructir�n b�� C�ctober of t2ris yeaz � Aeon does r�ot ��ant to jcr�paxc�ire khese <br />Funds by anti ut�Eor�seer� dela}'s. In addition, same �af'tl�e .ipeci�c et�nstruc�r}ri acb;ltles fue]c�rc� �}� <br />Y.CI�A and `1�31�,4 wil� not take place unti] zhe spring o� 2�9 f}. <br />Back�r�sund <br />ln 20�G, 11eon, a non-profit dcvcloper vf affordablc housin� ac�uircd the Har I��1ar Apartmer�ts <br />prs�p�rty Fc�r �5,[)[J�J,00�. Phas€ I of thc �Iar lh�far 1Lpartm��ts �ra�ect w�ll preser�:e and reha�ilitat� <br />1�0 apartment unit� in fite builclin� and tran�Fr�rm th�m intr� saf�, hcalthy�, and �vcll-mana�cd <br />affnrc�a}�Ie homes for �ersons with limited incomes. 1�T the ti�ne of .��eon's act�uisitic�n, the Cit�� �f <br />Ros��illc ide�.t��ed the site as a hi��ly stsessed pto�e�tky` ��L �1�CU C3� ��1C344'SCtY7C17t. Th� bUC�$C�� <br />bz�ldings suffcred myriad defe.�aed mai�it�nan�e issues. ln additian, nc� cxtenvr was unsightly and <br />little-used su=fac� parising lats pervadcd the sitc. 'li�e i�:habilitation of Har II•1at 1lpa��►Yent� wiIl <br />c�eate a��il�rant apartmenc camrnurury for the many scrvice sccror eznp]oyees af tk�e azea, c�nnectin� <br />them t❑ area �m]�laytr�entopportur�ttiew artd other scrvices and ameniries, <br />�n L7cccmbcr 1�, 20{}7, the '�fetrt�pr�litat� C;c�tmcil ar�fardcd a$3{}a,{J00 LCL)� gxa�it to thc Har Mat <br />���a�kmcnts tede�elopment �roject in l�aseviile_ t1nd, on�anuari 2, ���$, the :1r�etir[7�«litan Cc�un�il <br />�uward�� a�] 2�,5[�[) �1�� �rar�t Er} the prolect. Uc�th o� kk�etie fundin� a��ards cx�,ire on l��c�n�cr <br />31, 2UU��, and the fus�d� arc crucidl fc�x thc pr��ject tcn �resceed. <br />Lfr�]A �ant fands wil! go towards rhe rerxioval c�f obsolete infrasttuctuxes, the xo�tal]ap�n oE xn vn- <br />site s�rtrmwat�r mar�a�erner�� �vstetn, a��r&cah�e d��i�t and er��r���rir�� �t��ts, an� sit€ grading. ��s <br />thc icad develr�per of the sitc„ Aeon will �c��x�inatc thc�e act�vities, w�h�ch arc cxucial ta the <br />transfarmatir�n r�f the J�rnperty�- [;urrently, site draina�e �ssues have lcd ta uFatcr in£tltrarion u�ithiri <br />the buildings, and thc sitc rcmains isolatcd and surroundc� by an unused sutface parkin� lvt, <br />7nT,5 P7rk �.•�en•re, h;ialnedkC�l_5, :"d'vaa4a 612-3=+:-314it �i�-a-]_42r�8 C,ti�.xa+,devclini�,4in <br />