City of Belmont City Council Meeting Agenda 2026-05-26
City approves $2M loan for 951 Old County affordable units
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Description
The Belmont City Council approved a loan funding agreement authorizing up to $2 million for CRP Affordable Housing and Community Development to support construction of a 63-unit affordable housing project at 951 Old County Road. The City Manager will negotiate and execute the financing agreement with CRP or its affiliates.
Contract Details
Contract Amount
Up to $2,000,000
Vendor
CRP AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT
Agency
City of Belmont, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
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City of Belmont City Council Meeting Agenda 2026-05-26
City of Belmont City Council Meeting Agenda 2026-05-26
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