Shasta County supervisors were presented with a closeout resolution for Cascade Village Apartments, a 49-unit affordable multifamily and commercial mixed-use project in Shasta Lake, according to the April 7 board packet.
The packet says the project was awarded $1,636,270 in Community Development Block Grant-Disaster Recovery funds and that the county needs to complete final closeout paperwork before the state Department of Housing and Community Development will release the remaining 10% retention. The resolution would acknowledge that the project is complete and fully occupied and would authorize the HHSA director or designee to sign the documents needed to close out the grant.
The materials provided do not show the final board vote, so it is not clear from the packet excerpt whether supervisors adopted the resolution at the meeting. The packet also does not say whether the remaining retention was ultimately released.