25-0264
Community Housing Development Organization Re-certification - Authorize re-certification of Self-Help Enterprises as a Community Housing Development Organization (CHDO); authorize an award for $226,944 in Fiscal Year 2025/2026 HOME funds, as a 55-year residual receipt loan, toward construction of an 80-unit affordable senior housing development known as Crescent Meadows; and authorize the City Manager to execute a letter of commitment for Self-Help Enterprises for Crescent Meadows for an amount up to $1 million (combined Fiscal Year 2025/2026, Fiscal Year 2026/2027, and Fiscal Year 2027/2028 HOME funding), contingent upon available funding.
What this record is
- Amount
- $227K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- award
- Field
- Construction
construction 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
- Visalia City Council
- Requested by
- Finance and Technology Services
- Introduced
- June 16, 2025
- On agenda
- July 21, 2025
Where it was heard
Visalia City CouncilWatch what Visalia buys
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