Authority to Assume $9.9M HCD Homekey Funds
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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.
More from CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
Issuing Agency
Local Housing Authority
Fresno, CA
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