2.-R. ID 25-361 Actions pertaining to the substantial rehabilitation of the former Parkside Inn Motel site, located at 1075 N. Warren Avenue, into a 63-unit affordable multifamily housing project (District 3): 1. Approve a First Amendment to the Community Development Block Grant (CDBG) Agreement - Exhibit B: II Project Schedule, with Silvercrest, Inc. (Silvercrest), to extend the Commencement of Construction, Completion of Construction, and Lease Up Schedule dates; and 2. ***RESOLUTION - To support Silvercrest, Inc. Non-Profit Public Benefit Corporation's Low-Income Housing Tax Credit (LIHTC) application and/or Homekey+ application for the substantial rehabilitation of the Parkside Inn Motel site; and provide a conditional commitment of available housing loan funding to the project in an amount not to exceed $3,858,000 for eligible rehabilitation costs (Subject to Mayor's Veto).