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Council approves exclusive negotiation agreement for 101-unit affordable housing project on city-owned "Site 12"
Summary
The San Bernardino City Council approved an exclusive negotiating agreement (ENA) with JHC Acquisitions and Jamboree Housing Corporation to pursue development of about 3.5 acres known as Site 12, a proposed 101-unit multifamily affordable housing project. The ENA sets a two-year period to negotiate key terms, including financing and disposition.
The San Bernardino City Council on Feb. 27 approved an exclusive negotiating agreement (ENA) with JHC Acquisitions and Jamboree Housing Corporation to explore development of roughly 3.5 acres of city-owned surplus land identified as "Site 12" into approximately 101 affordable housing units.
The ENA authorizes the parties to negotiate principal terms over a two-year period that would be memorialized later in a development and disposition agreement. Housing staff described the site as about 3.5 acres made up of…
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