Contra Costa County Affordable Housing Finance Committee Agenda April 2026
Rumrill Commons Recommended for $2.5 Million Measure X Award
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Description
Contra Costa County staff recommends awarding $2.5 million in Measure X funds to Resources for Community Development’s Rumrill Commons project in San Pablo. Combined with prior PLHA funding, the award will help move this affordable housing development into construction.
Contract Details
Contract Amount
$2,500,000 (Measure X)
Vendor
RESOURCES FOR COMMUNITY DEVELOPMENT
Agency
East Contra Costa Fire Protection District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
April 26, 2026
Contract Term
55 years
Renewal Date
2083-06-30
Renewal Info
Measure X loan would carry 3% simple interest over 55 years with residual receipts repayment, aligning with County affordable housing loan standards.
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PENDINGIssuing Agency
East Contra Costa Fire Protection District
Fire District
Brentwood, CA
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