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Appropriation of $105,588 for La Guadalupe Commercial Improvement Project Approved

  • When: 2025/02/21
  • Address: Citywide
  • City: Los Angeles
  • State: CA
  • Category: Economic Development Incentives
  • Subcategory: Grants
  • Asset Class: Commercial
  • Size (Dollars): $105,588

The Los Angeles City Council approved the appropriation of $105,588 in Community Redevelopment Agency/Los Angeles (CRA/LA) Excess Non-Housing Bond Proceeds (EBP) for the La Guadalupe Commercial Improvement Project. The decision was made on February 21, 2025. The funds, comprising $102,841 in bond proceeds and $2,747 in earned interest, are allocated from the Adelante Eastside Redevelopment Project Area (Taxable Series 2005-B, 2007-C, and Tax-Exempt Series 2009-D). The initial scope of work for the project was defined as tenant improvements to one of three commercial space units.

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