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FINANCIAL_SERVICESRECOMMENDED

Fremont City Council Meeting Agenda April 21, 2026

Additional Loan Funding for Thornton & Post Project

Additional $1,500,000 (for a new total City funding of $11,176,908; total loan amount to be increased to $18,776,908)City of FremontRESOURCES FOR COMMUNITY DEVELOPMENTApril 21, 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

The Fremont City Council is being asked to amend existing loan documents with Resources for Community Development for the Thornton & Post Apartments project, adding up to $1,500,000 in City affordable housing funding. This action would bring total City funding to $11,176,908 and increase the overall loan amount to $18,776,908.

Contract Details

Contract Amount

Additional $1,500,000 (for a new total City funding of $11,176,908; total loan amount to be increased to $18,776,908)

Vendor

RESOURCES FOR COMMUNITY DEVELOPMENT

Agency

City of Fremont, CA

Contract Type

FINANCIAL_SERVICES

Document Date

April 21, 2026

Renewal Info

This action amends existing loan documents to increase the funding amounts; the agenda does not state changes to the underlying loan term or maturity date.

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