Town of Paradise Council Meeting Agenda February 2026
Town Funds Affordable Housing Loans via North Valley Trust
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Description
Town approved PLHA funds administered by North Valley Housing Trust to support affordable housing development loans, including $200,000 for the Cape Cod project and $75,000 for a single-family replacement home.
Contract Details
Contract Amount
$200,000 (PLHA matching loan for Cape Cod multifamily project); $75,000 (PLHA loan for single-family home)
Vendor
NORTH VALLEY HOUSING TRUST
Agency
Town of Paradise, CA
Contract Type
FINANCIAL_SERVICES
Document Date
February 10, 2026
Contract Term
Early 2026 construction expected (for project loan)
Renewal Date
2026-12-31
Renewal Info
PLHA allocations operate in five-year cycles; future NOFAs anticipated.
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