Skip to main content
 
File #: 25-3632    Version: 1
Status: Agenda Ready
File created: 10/28/2025 In control: City Council
On agenda: 1/13/2026
Title: Fiscal Year 2024-2025 United States Department of Housing and Urban Development Annual Action Plan Amendment to allocate $965,617.75 in Community Development Block Grant unprogrammed funds for acquisition and rehabilitation of Quality Inn Motel located at 1590 University Avenue coveting 30 affordable housing units - Homekey+ Program Notice of Funding Availability Acceptance of Terms and Conditions of Conditional Award with California Department of Housing and Community Development and Riverside Housing Development Corporation for up to $20,137,410 of Homekey+ grant funds - Loan Agreements with Riverside Housing Development Corporation with $965,617.75 from Community Development Block Grant, $1,000,000 from HOME Investment Partnerships Program, and $7,569,272.25 from Homeless Housing, Assistance and Prevention Round 3 and 4 for University Terrace Homes project - 1590 University Avenue (Housing and Human Services) (Ward 2) (15-minute presentation)
Attachments: 1. Revised Report, 2. Report, 3. RHDC - Terms and Conditions, 4. Homekey+ Standard Agreement Exhibits - Attachment 2.pdf, 5. RHDC - Homeless Housing, APP Round 3 and 4 - Quality Inn Motel.pdf, 6. RHDC - CDBG - Quality Inn Motel.pdf, 7. RHDC - HOME Investment Partnerships Program - Quality Inn Motel, 8. Presentation, 9. Notice