Civic IQ
Loanpending

city-of-belmont-678-ralston-ave-affordable-housing-funding_a99.pdf

$1M Loan to CRP for Ralston Avenue housing

$1,000,000City of BelmontCRP AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENTMay 27, 2025

Trusted by teams at

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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City Manager is authorized to negotiate and enter into a Loan Funding Agreement with CRP Affordable Housing and Community Development or one of their affiliated entities or partners to provide a $1.0 million residual receipts loan for 678 Ralston Avenue.

Contract Details

Contract Amount

$1,000,000

Vendor

CRP AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT

Agency

City of Belmont, CA

Contract Type

Loan

Document Date

May 27, 2025

Contract Term

55 year

Bring us your territory.
We'll show you what is forming.

See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.

Try Civic IQ for free