Legislation Details

File #: 26-15032    Version: 1 Name:
Type: Action Calendar Status: Agenda Ready
File created: 4/8/2026 In control: City Council
On agenda: 5/19/2026 Final action:
Title: Subject: Authorization of Below Market Rate (BMR) Housing Administration contract execution
Sponsors: Kirsten Squarcia
Attachments: 1. Staff Report, 2. A - Draft Rise Housing 26-29 Contract, 3. B - Policy and Procedures Manual for Administering Deed Restricted Affordable Housing Units, 4. C - 2025 RFP BMR Program Administration

Title

Subject: Authorization of Below Market Rate (BMR) Housing Administration contract execution

 

Recommended Action

Authorize the City Manager to execute the agreement with RISE Housing for Below Market Rate (BMR) Administration services and approve allocation for the contract to be budgeted from the General Fund