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
- no end date published in this record
- Type
- award
- Field
- Construction
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