Successor Agency land sale for 100‑unit affordable project

$3,280,068

OTHER

Regulatory Agreement requires at least 100 units with not fewer than 99 affordable rental units for a minimum term of 55 years

Single‑asset land sale with an affordable housing regulatory agreement recorded at closing; the regulatory agreement imposes a minimum 55‑year affordability term but no explicit renewal or extension options beyond that compliance period.

AgendaPacket