Additional Loan Funding for Thornton & Post Project
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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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Fremont City Council Agenda June 16, 2026
Fremont City Council Agenda June 16, 2026
Fremont City Council Agenda June 16, 2026
Fremont City Council Agenda June 16, 2026
Fremont City Council Agenda June 16, 2026
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