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Riverbank OKs $250,000 in SB 2 PLHA funds for 8-unit Riverbank Village supportive housing
City of Riverbank City Council · June 25, 2024
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Summary
Council approved a $250,000 memorandum of agreement using PLHA (SB 2) funds to help Stanslaus Equity Partners complete the first phase of Riverbank Village, an eight-unit permanent supportive-housing project; city will require annual reporting and 48-hour inspection notice rights.
Riverbank — The City Council approved by unanimous vote a memorandum of agreement to allocate $250,000 in Permanent Local Housing Allocation (PLHA) funds to Stanislaus Equity Partners for the Riverbank Village permanent-supportive housing project.
Staff said the developer has assembled funding from…
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