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FINANCIAL_SERVICESAMENDED

City of Cupertino Agenda 2026-05-19

Cupertino Extends Greenwood Court Affordability Term

City of CupertinoWEST VALLEY COMMUNITY SERVICESMay 19, 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 City of Cupertino will amend its CDBG loan agreement with West Valley Community Services for the Greenwood Court property. The change extends affordability restrictions on the rehabilitated low-income rental units for an additional ninety-nine years.

Contract Details

Vendor

WEST VALLEY COMMUNITY SERVICES

Agency

City of Cupertino, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 19, 2026

Contract Term

Existing CDBG loan term extended by 99 years

Renewal Info

Amendment extends the term of the existing CDBG loan agreement and its associated affordability restrictions by ninety-nine years beyond the current expiration; prior term details not specified in agenda.

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