CITY OF FAIRFIELD
RESOLUTION NO. 2026-67
APPROVING THE FIRST AMENDMENT OF THE DEVELOPMENT LOAN AGREEMENT WITH 212 E TABOR FAIRFIELD EAH, LLC AND COMMITTING $850,000 IN HOME FUNDS AND AN ADDITIONAL $150,000 IN HOUSING TRUST FUNDS TO SUPPORT THE DEVELOPMENT OF
AFFORDABLE HOUSING
WHEREAS, EAH Housing is a non -profit developer, owner , and manager of affordable housing which has been in operation for over 57 years and manages over 222 communities and 13,000 units for low-income families, seniors, and special needs individuals throughout California and Hawaii; and
WHEREAS, EAH Housing has demonstrated the ability to develop and operate affordable housing projects that serve extremely low- to low and moderate- income households; and
WHEREAS, EAH Housing has proposed developing and operating 66 units of multifamily housing, plus one manager unit, at 212 East Tabor Avenue, Fairfield, inclusive of affordable housing, community space, case management services, and resident programs; and
WHEREAS, E AH Housing has requested the City of Fairfield amend the Development Loan Agreement (DLA) to add $850,000 in City of Fairfield HOME Funds and an additional $150,000 in City of Fairfield Housing Trust Funds to support development activities at 212 East Tabor Avenue; and
WHEREAS, the additional loan funds would better structure the project to compete for 4% Low Income Tax credits in May 2026 and Multifamily Housing Program (MIP) funding in March 2026, resulting in the initiation of construction in 2027.
NOW, THEREFORE, THE COUNCIL OF THE CITY OF FAIRFIELD HEREBY RESOLVES:
Section 1. The city manager, or his designee ( authorized officer), is authorized to set aside and direct $850,000 from the HOME funds to support the development of the Affordable Housing Units at 212 East Tabor Avenue and increase the previously approved Local Housing Trust Fund allocation from $1,000,000 to $1,150,000.
Section 2. The authorized officer is authorized to execute and deliver, for and in the name of the City of Fairfield, the Amendment of Development Loan Agreement in substantially such form, with such additions or changes as the Authorized Officer executing the same, may approve and do all things necessary or proper to implement the Development Loan Agreement, including the execution and recordation of agreements and documents contemplated by the Development Loan Agreement.
RES. NO. 2026-67
Section 3. The officers and staff of the City of Fairfield are hereby authorized, jointly and severally, to do all things they deem necessary or proper to effectuate the purposes of this Resolution, and any such actions previously taken are hereby ratified and confirmed.
PASSED AND ADOPTED this 5th day of May 2026, by the following vote:
AYES: MEMBERS: MOY/BERTANI/CARR/PANDURO/SANDHU/TONNESEN/WILLIAMS NOES: MEMBERS: _________________________________________________ ABSENT: MEMBERS: _________________________________________________ ABSTAIN: MEMBERS: _________________________________________________
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MAYOR
ATTEST:
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CITY CLERK