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Council approves $990,000 ARPA forgivable loan for 57‑unit Northtown mixed‑use affordable housing project
Jurupa Valley City Council · November 7, 2024
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Summary
Jurupa Valley authorized a forgivable loan of $990,000 in ARPA funds to Northtown Housing for a 57‑unit mixed‑use project (27 affordable units) at Crestmore Road and Mission; off‑site public improvements must be completed by Dec. 31, 2026.
The Jurupa Valley City Council approved a loan agreement using $990,000 in federal ARPA funds for a proposed Northtown Housing Development mixed‑use project at the northeast corner of Crestmore Road and Mission.
City staff described the award as a forgivable loan that functions like a grant intended to…
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