Title
Supplemental Contract: Unseen Heroes for Creative Community Development First-Time Homebuyer Program
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FileID
File ID: 2024-01244
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Location
Location: Zip Codes 95817, 95820, 95824, 95828; Districts 5; 6
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Recommendation
Recommendation: Pass a Motion authorizing the Interim City Manager or designee to execute the attached supplemental contract to Nonprofessional Services Agreement No. 2023-0153 with Unseen Heroes for Creative Community Development dba CLTRE to extend the agreement until March 31, 2026, and modify the scope of services regarding down payment financial assistance.
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Contact
Contact: Leslie Fritzsche, Community Investment Manager, (916) 808-5450, lfritzsche@cityofsacramento.org; Ya-yin Isle, City Housing Manager, (916) 808-1869, yisle@cityofsacramento.org; Axel Magallanes, Housing Analyst, (916) 808-1844, amagallanes@cityofsacramento.org; City Manager's Office of Innovation and Economic Development
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Presenter
Presenter: None
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Attachments
Attachments:
1-Description/Analysis
2-Agreement Supplement #4
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Description/Analysis
IssueDetail
Issue Detail: On April 13th, 2021, City Council approved the Community Benefits Partnership Agreement (CPBA), between the City, the Regents of the University of California, and Wexford Development LLC outlining employment, workforce training, housing, youth engagement, and transportation commitments by all parties surrounding the new development of the Aggie Square project along Stockton Boulevard. One key component of the CBPA provision included the commitment of $5 million from the City to fund a range of programs and activities to counter potential resident displacement and support housing stability in the neighborhoods surrounding Aggie Square, including the funding for the CLTRE First-Time Homebuyer Program.
To determine the programs needed to address potential displacement and housing stability, the City completed a survey in the spring of 2022 to unders...
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