File #: SR 25-2099   
Type: Resolution Status: Department Head Matters
Department: Housing and Community Services
Meeting Date: 11/18/2025
Legislative Title: Resolution approving the Down Payment Assistance Program loan documents in substantive form, authorizing the Housing and Community Services Director to amend the loan documents as needed to meet program requirements for future funding sources, authorizing the release of County general funds in the amount of $579,892 to be designated and allocated for Down Payment Assistance, and authorizing and directing the Auditor-Controller to amend the Housing & Community Services Department and Other Sources & Uses budgets for Fiscal Year 2025/26. (4/5 affirmative vote required)
Indexes: Community Development Agency (61), Health and Human Services Agency (63), Housing & Community Services/Housing Authority (58), Nevada County Offices (budget) (11)
Attachments: 1. Staff Report - Housing and Community Services, 2. Resolution - Down Payment Assistance Program, 3. Down Payment Assistance Deed of Trust - Final Draft, 4. Down Payment Assistance Promissory Note - Final Draft, 5. Down Payment Assistance Program Presentation 11.18.2025 - Final
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Title

Resolution approving the Down Payment Assistance Program loan documents in substantive form, authorizing the Housing and Community Services Director to amend the loan documents as needed to meet program requirements for future funding sources, authorizing the release of County general funds in the amount of $579,892 to be designated and allocated for Down Payment Assistance, and authorizing and directing the Auditor-Controller to amend the Housing & Community Services Department and Other Sources & Uses budgets for Fiscal Year 2025/26. (4/5 affirmative vote required)