The Long Beach Community Investment Company

THE LONG BEACH COMMUNITY INVESTMENT COMPANY AGENDA WEDNESDAY, JANUARY 17, 2024 411 W. OCEAN BOULEVARD BEACH CONFERENCE ROOM, 2ND FLOOR, 4:00 PM Mary Castro, Chair Eva Melgarejo, Director Hilda Delgado, Vice Chair Alejandra Ramirez, Director Hakim Chambers, Director Elwood Sides, Director Jasmine Esparza, Director MEMBERS OF THE PUBLIC HAVE THE OPTION TO SUBMIT ONLINE PUBLIC COMMENTS AND EMAIL COMMENTS TO MONICA.JAIME@LONGBEACH.GOV CALL TO ORDER ROLL CALL PLEDGE OF ALLEGIANCE REGULAR AGENDA 1. 24-51816 Recommendation to receive and file President’s Report. Suggested Action: Approve recommendation. 2. 24-51818 Recommendation to approve the minutes of the Long Beach Community Investment Company meeting on December 20, 2023. Suggested Action: Approve recommendation. 3. 24-51812 Recommendation to approve the acquisition of the property located at 1131 E. Wardlow Road for a purchase price of $5,475,000 using PLHA funds; and Authorize the President or designee to execute any and all documents necessary to initiate and complete the acquisition of this property. Suggested Action: Approve recommendation. 4. 24-51814 Recommendation to receive and file the fiscal year (FY) 2022-2023 Consolidated Annual Performance Evaluation Report (CAPER) summary of accomplishments for Community Development Block Grant (CDBG), HOME Investment Partnerships Program (HOME) and Emergency Solutions Grant (ESG) funding. (Citywide) Suggested Action: Approve recommendation. PUBLIC COMMENT Page 1 of 2  THE LONG BEACH COMMUNITY INVESTMENT COMPANY AGENDA WEDNESDAY, JANUARY 17, 2024 411 W. OCEAN BOULEVARD BEACH CONFERENCE ROOM, 2ND FLOOR, 4:00 PM Opportunity to address the The Long Beach Community Investment Company on non-agenda items. Each speaker is limited to three minutes to make their comments unless extended by the Chair. ANNOUNCEMENTS ADJOURNMENT I, Monica Jaime, Secretary, certify that the agenda was posted not less than 72 hours prior to the meeting. NOTE: The agenda and supporting documents are available online at https://longbeach.gov/cityclerk/meetings. If a special accommodation is desired pursuant to the Americans with Disabilities Act, please call the Community Development Department at (562) 570- 3807 or (562) 570-6957. Page 2 of 2