1.) Catalytic Project - $393,500 forgivable loan in two disbursements to Ravencroft II to support the purchase & redevelopment of 4049 (#504112340010) & 4043 Peters Rd (#504112340020) for a newly constructed workforce housing community with a total of 15 units designated for residents earning no more than 120% of AMI. - The City of Plantation, FL

Meeting: City Council/CRA

Meeting Time: December 03, 2025 at 6:00pm EST

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Agenda Item

1.) Catalytic Project - $393,500 forgivable loan in two disbursements to Ravencroft II to support the purchase & redevelopment of 4049 (#504112340010) & 4043 Peters Rd (#504112340020) for a newly constructed workforce housing community with a total of 15 units designated for residents earning no more than 120% of AMI.

Cover Page PDF 4043 Peters Road appraisal.pdf PDF 4049 Peters Rd appraisal.pdf Ravencroft II Ken Allain Memo (2).pdf CRA Reso - Approving Note and Mortgage with Ravencroft II (Peters Rd) 4903-2158-0411 1 .pdf