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San Jose Civic Gallery City Hall agenda intelligence

Matter 25-1108

Actions Related to the Agreement with the County of Santa Clara Office of Supportive Housing for a Homebuyer Down Payment Assistance Program.

Housing City Council Agenda Ready Introduced 07 Oct 2025
1 Document on file 196 KB · 1 extracted · 1 AI summary
File
25-1108
Type
Community & Economic Development
Status
Agenda Ready
Requester
Unknown
Introduced
07 Oct 2025
Last synced
19 May 2026 · 04:00

The papers

1 document · 196 KB
01 196 KB

Memorandum

196 KB Extracted AI Summary
file 318e681f-fd53-465c-8b75-08833c793a44.pdf sha d19fa5c09939 source unavailable

Official source link unavailable. The file was imported, but the current source metadata does not include a public document URL.

Generated summary AI-assisted

The memorandum outlines a recommendation for the City Council to adopt a resolution authorizing the Director of Housing to negotiate and execute an agreement with the County of Santa Clara Office of Supportive Housing for a Homebuyer Down Payment Assistance Program. The program aims to provide up to $9,000,000 in funding to assist low- to moderate-income households in purchasing homes at two developments: East Santa Clara Townhomes and Branham Lane Homes. The funding will be sourced from the CalHome Program and is intended to help address the challenges of homeownership affordability in San José.

Key points
  • The agreement involves a total funding of up to $9,000,000 for down payment assistance.
  • The funding will support two developments: East Santa Clara Townhomes and Branham Lane Homes.
  • The program aims to assist low- to moderate-income households in achieving homeownership.
  • The City of San José's Housing Department will oversee the implementation and compliance of the program.
  • The memorandum includes budget references and outlines the funding sources for the program.
Limitations
  • The text contains unresolved placeholders and missing information regarding specific dates and approvals.
  • The document does not specify the final approval status or any voting outcomes.

Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.

Extracted text preview · 10,871 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL 10/21/25 25-1108 8.1 FROM: Erik L. Soliván SUBJECT: See Below DATE: September 29, 2025 Approved Date: 10/3/2025 COUNCIL DISTRICT: Citywide SUBJECT: Actions Related to the Agreement with the County of Santa Clara Office of Supportive Housing for a Homebuyer Down Payment Assistance Program RECOMMENDATION Adopt a resolution authorizing the Director of Housing, or his designee, to: (a) Negotiate and execute an Agreement with the County of Santa Clara Office of Supportive Housing, in an amount not to exceed $9,000,000, using the CalHome (Building Equity and Growth in Neighborhoods) Program funds, to implement a Homebuyer Down Payment Assistance Program for San José low- to moderateincome households at the following developments: (1) Up to $4,000,000 for East Santa Clara Townhomes developed by the Core Companies, or an affiliated entity, located at 675 East Santa Clara Street; and (2) Up to $5,000,000 for Branham Lane Homes developed by Charities Housing, or an affiliated entity, located at the Branham VTA Station. (b) Negotiate and execute any and all agreements, including amendments and related documents, in connection...