City of San Jose City Council Meeting Agenda April 2026
$8.4M Affordable Housing Loan to MidPen Housing Approved
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Description
City approved an $8.4 million loan commitment to MidPen Housing Corporation for development of the VTA Capitol Station affordable housing project.
Contract Details
Contract Amount
Up to $8,400,000
Vendor
MIDPEN HOUSING CORPORATION
Agency
City of San Jose, CA
Contract Type
OTHER
Document Date
March 29, 2026
Renewal Info
Loan closing subject to standard construction/permanent loan procedures; terms may amend over project lifecycle.
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