The Long Beach Community Investment Company

CITY OF LONG BEACH WEDNESDAY, OCTOBER 19, 2022 THE LONG BEACH COMMUNITY 411 W. OCEAN BLVD. INVESTMENT COMPANY AGENDA 3RD FLOOR CONFERENCE ROOM "DEFOREST" AND TELECONFERENCE, 4:00 PM Mary Castro, Chair Eva Melgarejo, Director Hilda Delgado, Vice Chair Alejandra Ramirez, Director Jasmine Esparza, Director Elwood Sides, Director Patrice Wong, Director REGULAR MEETING IN-PERSON/VIRTUAL HYBRID LBCIC COMMISSION MEETING PURSUANT TO AB361 PLEASE VIEW THE MEETING FROM YOUR COMPUTER, TABLET OR SMARTPHONE VIA: https://longbeach.gov/lbds/hn/lbcic/ AGENDA CALL TO ORDER ROLL CALL FLAG SALUTE PRESIDENT'S REPORT MINUTES 22-026CI Recommendation to approve and file the minutes of the regular LBCIC Board meeting held on Wednesday, August 17, 2022. Suggested Action: Approve recommendation. Attachments: FinishedAgendaAndMinutes 08172022.pdf REGULAR AGENDA 22-027CI Recommendation to Adopt a resolution confirming Christopher Koontz as The Long Beach Community Investment Corporation (LBCIC) President and authorizing the signature of documents for CalHome Program Standard Agreement -19-CALHOME-14645 Suggested Action: Approve recommendation. Page 1 of 2 CITY OF LONG BEACH WEDNESDAY, OCTOBER 19, 2022 THE LONG BEACH COMMUNITY INVESTMENT 411 W. OCEAN BLVD. COMPANY AGENDA 3RD FLOOR CONFERENCE ROOM "DEFOREST" AND TELECONFERENCE, 4:00 PM Attachments: 2022_10_20 CalHome Staff Report - FINAL.pdf RESOLUTION - CalHome 01444388.pdf 22-028CI Recommendation to Adopt a Resolution to Commit $3,500,000 in PLHA Funds to Gundry Partners for the Development of The Armory Arts Collective at 854 E. 7th Street (District 1) Suggested Action: Approve recommendation. Attachments: 2022_10_20 Committing PLHA Funds to Armory - FINAL ATTACHMENT A -2022_01_04 Armory Award of Funds a ATTACHMENT B - Resolution 01444451 (003).pdf NEW BUSINESS PUBLIC PARTICIPATION: Members of the public are invited to address the Board on items of interest to the public within the Agency Board jurisdiction. Each speaker will be limited to two minutes unless that time is extended by the Chair. COMMENTS ADJOURNMENT I, Monica Jaime, LBCIC Commission Secretary, certify that the agenda was posted not less than 72 hours prior to the meeting. Note: The City of Long Beach provides reasonable accommodations in accordance with the Americans with Disabilities Act of 1990. To request this information in an alternative format or to request a reasonable accommodation, please contact the Development Services Department at longbeach.gov/lbds and 562-570-3807 or (562) 570-6957. A minimum of three business days is requested to ensure availability; attempts will be made to accommodate requests with shorter notice. Page 2 of 2