REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
January 13, 2026
FROM
CARRIE HARMON, Director, Community Development and Housing
SUBJECT
Title
Transfer of Partnership Interest in the Las Terrazas Affordable Housing Project Located in an Unincorporated Area of the County Near Colton
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RECOMMENDATION(S)
Recommendation
1. Adopt Resolution consenting to the transfer of partnership interests for the Las Terrazas Affordable Housing Project, located in an unincorporated area of the County, for the transfer of AMCAL Las Terrazas Fund, L.P.'s interest and its administrative general partner AMCAL FNMA LLC's interest to TruAmerica Multifamily LLC's affiliate, TA MIM Las Terrazas LLC, a Delaware LLC and the transfer of AMCAL Las Terrazas Fund, L.P's interest and its managing general partner Brandon Affordable Housing, LLC's interest to Affordable Housing Access, Inc.'s affiliate, AHA MGP Delta I, LLC, a California LLC.
2. Approve Letter consenting to the transfer transaction to TA MIM Las Terrazas LLC and AHA MGP Delta I, LLC.
(Presenter: Carrie Harmon, Director, 382-3983)
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COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Promote the Countywide Vision.
Create, Maintain and Grow Jobs and Economic Value in the County.
Operate in a Fiscally-Responsible and Business-Like Manner.
Ensure Development of a Well-Planned, Balanced, and Sustainable County.
Provide for the Safety, Health and Social Service Needs of County Residents.
FINANCIAL IMPACT
This item does not impact Discretionary General Funding (Net County Cost). All costs related to this transaction will be borne by AMCAL Las Terrazas Fund, L.P. (AMCAL). Adequate appropriation and revenue have been included in the Community Development and Housing Department's (CDH) 2025-26 budget.
BACKGROUND INFORMATION
CDH works to expand and preserve affordable housing opportunities, strengthen neighborhoods, and support community revitalization thro...
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