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Resolution No. SHFC-2024-21 Rosemont Proceeds Usage Fund

April 24, 2024

To authorize the designation of net proceeds from the sale of Rosemont at Oak Valley to be used to compensate impacted tenants, advance tenant protections, promote tenant stability and/or enhance affordable housing production; direct the interim executive director to develop a proposal regarding use of a portion of the net proceeds to support Rosemont tenants; and provide a progress report to the board, as outlined in the resolution.

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