Housing Loan Term with HEART Extended to 2029
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Description
The Board approved an amendment to the loan agreement with Housing Endowment and Regional Trust (HEART) of San Mateo County, extending the loan term through July 31, 2029, with a maximum of $5,000,000. The amendment makes no changes to the loan amount.
Contract Details
Contract Amount
Not to exceed $5,000,000
Vendor
HOUSING ENDOWMENT & REGIONAL TRUST (HEART) OF SAN MATEO COUNTY
Agency
Housing Authority of the county of San Mateo, CA
Contract Type
FINANCIAL_SERVICES
Document Date
October 17, 2023
Contract Term
Extended through July 31, 2029
Renewal Date
2029-07-31
Renewal Info
Contract term extended from previous expiration date to July 31, 2029. No changes in funding amount.
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Issuing Agency
Local Housing Authority
Belmont, CA
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