ApprovedOther

SAHA Affordable Housing Loan Commitment

Description

The city signed off on a commitment letter with preliminary loan terms for $2.5 million in Housing Asset Funds to help SAHA build affordable housing.

Impact summary

This moves an affordable housing project forward in Hercules, adding much-needed below-market housing options.

Applicant

Name
Satellite Affordable Housing Associates

At a glance

Hearings
1
Public comments
1
Total mentions
1

Last vote · City Council

Approved4–0, unanimous

Discussed at 1 meeting in the last 60 days; most recently Sep 22, 2026.

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