a. Approve a subordination agreement that will place the County’s loan in a lower collateral position behind a loan from the California Department of Housing & Community Development HOME ARP program; and b. Authorize the Assistant Director of Housing and Community Development to sign the Subordination Agreement.

Committee

Board of Supervisors

Requested by

Housing and Community Development

Introduced

June 29, 2026

On agenda

July 7, 2026

Passed

July 7, 2026

Where it was heard

Board of Supervisors Jul 7, 2026 approved Pass

Watch Monterey County

Say what matters to you — a street, a company, a subject — and we will email you when Monterey County files something about it.

Watch this

Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.