Authorizes the Mayor to award up to $1,500,000.00 from the Affordable Rental Development Fund to Beaman Lake II, LP for the development of affordable rental housing.

Amount: $1,500,000
Counterparty: Beaman Lake II, LP
Decided: Adopted 9–0

The decision behind this record

R-338-2025 · A Resolution authorizing the Mayor to execute any and all documents necessary to award an amount not to exceed $1,500,000.00 from the Affordable Rental Development Fund to Beaman Lake II, LP, for the development of 30 affordable rental housing to be located at 1213 Beaman Lake Road (Parcel ID No. 083HA-010.00) as more specifically described herein. (Requested by Housing and Neighborhood Development Department)

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Shows decisions recorded in official minutes. Applications or purchases made administratively, without a recorded vote, may not appear.

Source: official minutes (PDF) for the December 9, 2025 meeting. Reviewed by a human before publishing.