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

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