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26-009

a. Adopt a Resolution approving a not to exceed loan increase of $550,000 from the Monterey County Local Housing Trust Fund to Greenfield Commons EAH, L.P.; b. Adopt a Resolution approving a not to exceed loan increase of $9,982 from the Permanent Local Housing Allocation grant to Greenfield Commons EAH, L.P.; c. Adopt a Resolution approving the original loan of $1,929,046 to be separated out to $1,028,833 from the Monterey County Local Housing Trust Fund and $900,213 from the Permanent Local Housing Allocation grant; d. Adopt a Resolution correcting the loan origination fee in Resolution 23-112 from 2% to 0.5% of the total loan; e. Adopt a Resolution correcting the loan origination fee in Resolution 23-116 from 2% to 0.5% of the total loan; f. Authorize and direct the Auditor-Controller to amend the Fiscal Year 2025-26 Adopted Budget for the Housing and Community Development, Community Development Reuse, Fund 013, Unit 8545, Appropriation Unit HCD004 to increase revenues and appropriations by $550,000; and g. Authorize the Director of Housing and Community Development or their designee to execute the Loan Agreements on behalf of the County.

General Agenda Item Housing & Community Development - Consent Introduced December 22, 2025

What this record is

Amount
$1.93M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
amendment
Field
Professional services

professional services contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Board of Supervisors
Requested by
Housing and Community Development
Introduced
December 22, 2025
On agenda
January 13, 2026
Passed
January 13, 2026

Where it was heard

Board of Supervisors Jan 13, 2026 adopted Pass

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