The City may use the proceeds of bonds to make, purchase, or otherwise contract for the making of, a mortgage loan or other secured loan to a Qualified 501(c)(3) Sponsor, upon such terms and conditions as the City shall deem proper, for the Costs of a Residence.
(Added by Ord. 211-24, File No. 240726, App. 8/1/2024, Eff. 9/1/2024)