NOTICE OF MEETING

Sacramento Housing and Redevelopment Commission

Wednesday, June 21, 2006

6:00 p.m.

600 I Street

Commission Hearing Room

Sacramento, CA

ROLL CALL

APPROVAL OF ACTION SUMMARY SYNOPSIS

1. Synopsis – June 7, 2006

Citizens Comments

2. While the Commission welcomes and encourages participation in the Commission meetings, it would be appreciated if you would limit your comments to three minutes so that everyone may be heard. Public testimony will be permitted on each agenda item as it is called. Matters under the jurisdiction of the Commission, and not on the posted agenda, may be addressed by the general public at this time. The Commission may limit testimony to three minutes for a particular subject.

CONSENT CALENDAR

3. Affordable Housing Agreement for Bella Lago Condominium Conversion Residential Project

4. Owner Participation Agreement McClellan Park Hangar Building 251, Dock “C”

PUBLIC HEARING

5. Amendment to the County Community Development Block Grant Program (CDBG) 2005

Year Action Plan and the 2006 Sacramento Housing and Redevelopment Agency Budget

BUSINESS

6. Acquisition of Real Property – 5949 Watt Avenue, North Highlands, CA

7. Approve the Disposition and Development Agreement with Nihal LLC for 2224-2228

Auburn Boulevard and Amend 2005 and 2006 CDBG Action Plans and Agency Budget

8. Approval of the Issuance of Tax-Exempt Bonds and of County HOME Loan for the Oaks

Apartments

9. a. Homeownership Program Changes (County)

b. Homeownership Program Changes (City)

EXECUTIVE DIRECTOR'S REPORT

a. Agency Quarterly Status Report

ITEMS AND QUESTIONS OF COMMISSION MEMBERS

*Final Commission Action