Sacramento Housing and Redevelopment Commission Regular Meeting Agenda Packet March 2026
SHRA Increases Loan Commitment for San Juan Phase 2 Affordable Housing
Trusted by teams at
Description
SHRA amended its loan commitment with San Juan Mutual Housing Associates Two L.P., increasing the financing for San Juan Apartments Phase 2 to $11.7 million, supporting acquisition, construction, and permanent financing of 70 affordable senior units. The agreement includes HOME and PLHA funds with a 40-year term at a 3% interest rate.
Contract Details
Contract Amount
$11,700,000 (comprised of $7,000,000 HOME and $4,700,000 PLHA funds)
Vendor
SAN JUAN MUTUAL HOUSING ASSOCIATES TWO LP
Agency
city of Sacramento Housing Authority, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 18, 2026
Contract Term
40 years from permanent financing (Loan Maturity Date), Commitment expires August 12, 2027 unless extended
Renewal Date
2066-04-30
Renewal Info
Commitment expires August 12, 2027 unless extended; 40-year loan term from permanent financing close; prior approval on April 8, 2025 for $6.9M, amended in March 2026 to $11.7M.
More from SAN JUAN MUTUAL HOUSING ASSOCIATES TWO LP
Related Contracts
Sacramento County Board of Supervisors Meeting Minutes April 2026
AMENDEDSacramento Housing and Redevelopment Commission Regular Meeting Agenda Packet March 2026
AMENDEDSacramento Housing and Redevelopment Commission Regular Meeting Agenda Packet March 2026
AMENDEDIssuing Agency
city of Sacramento Housing Authority
Local Housing Authority
Sacramento, CA
More from city of Sacramento Housing Authority
Sacramento Housing and Redevelopment Commission Regular Meeting Agenda Packet March 2026
Sacramento Housing and Redevelopment Commission Regular Meeting Agenda Packet March 2026
Sacramento Housing and Redevelopment Commission Regular Meeting Agenda Packet March 2026
Sacramento Housing and Redevelopment Commission Regular Meeting Agenda Packet March 2026
Sacramento Housing and Redevelopment Commission Regular Meeting Agenda Packet March 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.