County of Monterey - File #: A 26-318https://monterey.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8124557&GUID=32F19E86-30F7-41AB-AAC4-1D89B8C9C569Legistar15County of Monterey - File #: A 26-318https://monterey.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8124557&GUID=32F19E86-30F7-41AB-AAC4-1D89B8C9C56932F19E86-30F7-41AB-AAC4-1D89B8C9C569-2026-07-07-19-35-00Title: a. Approve a subordination agreement that will place the County’s loan in a lower collateral position behind a loan from the California Department of Housing & Community Development HOME ARP program; and b. Authorize the Assistant Director of Housing and Community Development to sign the Subordination Agreement.Tue, 07 Jul 2026 19:35:00 GMT