File #: 26-00107    Version: 1
Type: Administrative Item Status: Agenda Ready
File created: 1/29/2026 In control: BOARD OF SUPERVISORS
On agenda: 2/10/2026 Final action: 2/10/2026
Title: Consider recommendations regarding the execution of a Loan Subordination Agreement for Escalante Meadows (Project) in Guadalupe, Fifth District, as follows: a) Ratify the execution of a Subordination Agreement with the State of California Department of Housing and Community Development (State HCD), subordinating a $1,377,665.00 Community Development Block Grant Disaster Recovery Multifamily Housing Program (CDBG-DR MHP) loan provided to the Escalante Meadows Affordable Housing Development (Project) to a State Affordable Housing and Sustainable Communities (AHSC); and b) Determine that the recommended action is not the approval of a project that is subject to environmental review under the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines section 15378(b)(5), finding that the subject item is an organizational or administrative activity of government(s) that will not result in direct or indirect physical changes in the environment.
Sponsors: COMMUNITY SERVICES DEPARTMENT
Attachments: 1. Board Letter, 2. Attachment A - State HCD AHSC Subordination Agreement Recorded, 3. Minute Order

Title

Consider recommendations regarding the execution of a Loan Subordination Agreement for Escalante Meadows (Project) in Guadalupe, Fifth District, as follows:

 

a) Ratify the execution of a Subordination Agreement with the State of California Department of Housing and Community Development (State HCD), subordinating a $1,377,665.00 Community Development Block Grant Disaster Recovery Multifamily Housing Program (CDBG-DR MHP) loan provided to the Escalante Meadows Affordable Housing Development (Project) to a State Affordable Housing and Sustainable Communities (AHSC); and

 

b) Determine that the recommended action is not the approval of a project that is subject to environmental review under the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines section 15378(b)(5), finding that the subject item is an organizational or administrative activity of government(s) that will not result in direct or indirect physical changes in the environment.