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FINANCIAL_SERVICESAPPROVED

Fresno Housing Joint Board Meetings of the Commissioners Agenda Packet 2026-06-23

Authority to Assume $9.9M HCD Homekey Funds

$9,900,000 (Homekey funding)Housing Authority of Fresno countyCALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENTJune 23, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Upon acquiring the Victory Village site, the Housing Authority will assume California HCD’s $9.9 million Homekey award and enter into the Homekey Standard Agreement. The Authority will loan the Homekey capital into Fresno Victory Village LP to finance the adaptive reuse project.

Contract Details

Contract Amount

$9,900,000 (Homekey funding)

Vendor

CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT

Agency

Housing Authority of Fresno county, CA

Contract Type

FINANCIAL_SERVICES

Document Date

June 23, 2026

Contract Term

Homekey regulatory and affordability period per HCD Standard Agreement

Renewal Info

Standard Homekey agreement with long-term affordability; no separate renewal date provided.

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