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Page 5 of 6 <br />2. By motion, authorize the City Manager to execute funding agreements with <br />the organizations identified in the Program Year 2026 Annual Action Plan. <br />CEQA: <br />This is not a project under California Environmental Quality Act (CEQA) <br />9.STAFF REPORTS Page 477 <br />9.A.Notice of Funding Availability (NOFA) for new affordable housing construction <br />– funding recommendations <br />Recommendation: <br />1. Adopt a resolution conditionally awarding $12,326,460 in the form of a <br />permanent loan(s) to Rise City Apartments; <br />2. Conditionally awarding $5,000,000 in the form of a $500,000 predevelopment <br />and a $4,500,000 permanent loan to the 1580 Maple Street Project; and <br />3. Authorize the City Manager to execute loan documents and other necessary <br />documents, any subsequent amendments or modifications and take actions <br />necessary to effectuate the loans for the projects. <br />CEQA: <br />This is not a project under California Environmental Quality Act (CEQA) <br />9.B.Downtown Library Parking Lot B: Potential affordable housing redevelopment <br />Recommendation: <br />By motion, direct staff to follow the proper Surplus Land Act procedure for the <br />Downtown Library Parking Lot B (1016 Middlefield Road) and prepare a request <br />for proposals (RFP) to solicit redevelopment proposals from qualified developers <br />for further evaluation, including a potential mixed-use project with affordable <br />housing, limited office space for City use, and preservation of public parking. <br />CEQA: <br />This is not a project under California Environmental Quality Act (CEQA) <br />10.NOTIFICATION TO CITY COUNCIL Page 512 <br />10.A.Notification of parcel map approval in City Council agenda for 502 Edgewood <br />Road <br />Recommendation: <br />Notification of parcel map approval in City Council agenda for 502 Edgewood <br />Road. <br />CEQA: <br />This is not a project under California Environmental Quality Act (CEQA) <br />5