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City of Hercules Meeting Agenda 2026-05-12

Council Considers Sycamore Crossing Housing Proposal

$5 million (Housing Asset Funding pool across three proposals)City of HerculesSATELLITE AFFORDABLE HOUSING ASSOCIATES SYCAMORE CROSSINGMay 12, 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

Satellite Affordable Housing Associates (Sycamore Crossing) has submitted a proposal under the City’s $5 million Housing Asset Funding Notice of Funding Availability, which the City Council will review on an informational basis. The agenda does not authorize a funding award or contract with Satellite Affordable Housing Associates at this time.

Contract Details

Contract Amount

$5 million (Housing Asset Funding pool across three proposals)

Vendor

SATELLITE AFFORDABLE HOUSING ASSOCIATES SYCAMORE CROSSING

Agency

City of Hercules, CA

Contract Type

OTHER

Document Date

May 12, 2026

Renewal Info

Council discussion item only; no contract execution, term, or renewal provisions are set in this agenda.

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