ApprovedOther

Jubilo Village Affordable Housing Project loan assignment

Description

The council approved paperwork reassigning the city's $15 million loan and the Housing Authority's $6 million loan for the Jubilo Village affordable housing project to the Public Finance Authority.

Impact summary

The restructuring keeps the $21 million in public loans supporting the affordable housing project moving forward, though two members objected.

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · City Council

Approved3–2

Last discussed Aug 10, 2026.

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