Fresno Housing Joint Board Meetings of the Commissioners Agenda Packet 2026-05-26
Parc Grove Commons II Limited Partner Interest Purchase Authorized
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Description
Fresno Housing is authorizing the Housing Authority of the City of Fresno and Silvercrest Inc. to jointly purchase the limited partners’ interests in Parc Grove Commons II, LP from Wells Fargo Affordable Housing LLC for approximately $50,000 plus transfer taxes. The action maintains the legal partnership structure while transitioning ownership of the 215‑unit Parc Grove Commons II affordable housing project to local partners.
Contract Details
Contract Amount
Fifty Thousand Dollars ($50,000) total purchase price (50% HACF / 50% Silvercrest)
Vendor
WELLS FARGO AFFORDABLE HOUSING LLC
Agency
Housing Authority of Fresno county, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
Issuing Agency
Housing Authority of Fresno county
Local Housing Authority
Fresno, CA
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