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6.J.- Page 5of13 <br />ALTERNATIVES <br />The City Council may choose not to direct staff to move forward with the commitment of affordable <br />housing loan funding for the affordable housing development at 353 Main St. <br />ATTACHMENTS <br />Attachment A - 353 Main Street Funding Commitment Letter <br />Attachment B - February 11, 2019 Staff Report - Direction to negotiate agreements to provide $6 million <br />in future City affordable housing funds for the 100% affordable housing developments located at 353 <br />Main Street (ROEM Development) and 612 Jefferson (Habitat for Humanity) <br />REPORT PREPARED BY: <br />Alex Khojikian, Deputy City Manager <br />akhojikian@redwoodcity.org <br />(650) 780-7302 <br />APPROVED BY: <br />Melissa Stevenson Diaz, City Manager <br />Page 5 of 5 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />349 <br />