ID 24-154
Actions pertaining to Sarah’s Court Phase II Apartments, a 120-unit affordable multifamily housing project, to be located at 200 N. Salma Avenue in southeast Fresno as part of the Fancher Creek Master Plan Development (District 5): 1. Approve a Community Development Block Grant (CDBG) loan Agreement in the amount of $2.4 million with FCTC Family II, LP, for land acquisition; and 2. ***RESOLUTION - to support FCTC Family II, LP’s Low-Income Housing Tax Credit Application for the development of Sarah’s Court Phase II; and to provide a conditional commitment of HOME Investment Partnership Program (HOME) loan funds in an amount not to exceed $3 million to the Project (Subject to Mayor’s veto)
What this record is
- Held by
- FCTC Family II, LP 2 records across this site
- Amount
- $3.00M
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Real estate
Read automatically from the title of the official record. The source document below is authoritative.
FCTC Family II, LP also holds
Approve a $3,000,000 HOME Investment Partnerships Program Agreement with FCTC Family II, LP for development of the Sarah’s Court II Apartments, a 120-…- Committee
- City Council
- Requested by
- City Council
- Introduced
- January 19, 2024
- On agenda
- February 1, 2024
- Passed
- February 1, 2024