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San Jose Ca.Gov
File #: 25-1314    Version: 1
Type: Consent Agenda Status: Agenda Ready
File created: 12/2/2025 In control: City Council
On agenda: 12/16/2025 Final action:
Title: Actions Related to the Reallocation of Acquisition Funding to the Construction-Permanent Loan for the Gateway Tower Affordable Housing Development.
Attachments: 1. Memorandum, 2. Resolution

...Title

Actions Related to the Reallocation of Acquisition Funding to the Construction-Permanent Loan for the Gateway Tower Affordable Housing Development.

...Recommendations

(a) Accept the staff recommendation on reallocation of the Gateway Tower loan commitment.

(b) Adopt a resolution authorizing the reallocation of acquisition funding to increase the construction-permanent loan to $38,440,000.

CEQA: Supplemental Environmental Impact Report for the Gateway Tower Mixed-Use Development Project (Resolution No. 78005), and Addenda, thereto. Council District 3. (Housing)