Transit Secures $8.5M AHSC Funds via Assignment
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Description
The Yuba-Sutter Transit Authority Board approved an Assignment and Mutual Indemnity Agreement with Sutter Community Affordable Housing to secure $8.5 million in Affordable Housing and Sustainable Communities grant funding for its NextGen Transit Facility. The agreement formalizes a co-funding arrangement linked to the Richland Village Housing Project in Yuba City.
Contract Details
Contract Amount
$8.5 million (grant funding share for transit facility)
Vendor
SUTTER COMMUNITY AFFORDABLE HOUSING
Agency
Yuba-Sutter Transit Authority, CA
Contract Type
OTHER
Document Date
November 20, 2025
Renewal Info
This action revises and replaces an earlier version of the agreement approved in September after changes requested by the developer’s lenders as a condition of project settlement.
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