Subordination Agreement for Affordable Housing Impact Fees
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Description
The Board approved a Subordination Agreement involving Richland Village LP and banks for the deferral of impact fees up to $344,354 over 55 years for affordable rental housing.
Contract Details
Contract Amount
Not to exceed $344,354
Vendor
RICHLAND VILLAGE LP
Agency
Sutter County, CA
Contract Type
FINANCIAL_SERVICES
Document Date
October 28, 2025
Contract Term
55 years
Renewal Date
2080-10-28
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