Authorize the City Manager to execute an agreement and appropriate an additional $425,000 in Successor Agency Housing (SAH) funds for Visalia Homekey LP to convert the Majestic Motel at 4545 W. Noble Avenue into a 42-unit Permanent Affordable Rental Housing complex for qualifying populations.

What this record is

Held by

Visalia Homekey LP

Amount

$425K

Runs until

no end date published in this record

Type

contract

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

Committee

Visalia City Council

Requested by

Finance and Technology Services

Introduced

July 28, 2023

On agenda

November 6, 2023