Clayton Housing Agency Recommends Loan Amendment for Diamond Terrace

Clayton’s Successor Housing Agency is considering amendments to its loan agreement and promissory note with Diamond Terrace Investors. The proposed amendments would revise repayment terms, eliminate the balloon payment, and extend maturity to October 1, 2040.

Document date · September 15, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Extended maturity date to October 1, 2040

Renewal date

2040-10-01

Renewal

First amendment to the loan agreement and promissory note; eliminates the balloon payment and revises the repayment schedule while extending maturity.

Document type

AgendaPacket

Source document

City of Clayton AgendaPacket 2026-09-15

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City of Clayton Agenda Regular Meeting September 15, 2026

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City of Clayton, CaliforniaSep 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Clayton?

Diamond Terrace Investors was awarded this government contract by City of Clayton, as recorded on September 15, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Clayton AgendaPacket 2026-09-15 (AgendaPacket), dated September 15, 2026 from City of Clayton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Diamond Terrace Investors hold?

Diamond Terrace Investors may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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