City of Novato Agenda 2026-06-23
City Plans BMR Housing Contract With Rise Housing
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Description
Novato proposes to enter a three‑year, not‑to‑exceed $524,864 contract with Rise Housing Solutions to administer the City’s below market rate housing program from FY 2026 through FY 2029. The agreement covers monitoring of affordable rental units as well as sales, resales, and refinancing of deed‑restricted for‑sale units.
Contract Details
Contract Amount
Not to exceed $524,864
Vendor
RISE HOUSING SOLUTIONS
Agency
City of Novato, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 23, 2026
Contract Term
Three-year contract for Fiscal Years 2026–2029
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