City Council approved a request from Community Housing and Resources (CHR) to forgive the fiscal year 2026 debt service payment of $20,000 for the Casa Mariposa property.
The city lent $650,000 to CHR in 1999 for the project and established a repayment schedule. CHR’s current total debt to the city for the Casa Mariposa property is $92,715.
In 2023, the Council amended the agreement due to the financial impact of Hurricane Ian and agreed to reduce the funding the city provided to CHR…