Parkway Terrace Homekey Project

At a glance

What: The Parkway Terrace project on North Parkway Drive (Council District 3) is a Homekey+ project. Council re-authorized the joint application with Parkway Prime, LLC and extended the option to buy an adjoining parcel from the Fresno Housing Authority.
Where it stands: Both items were approved on the consent calendar on October 8, 2026 (Councilmembers Perea and Arias absent for the consent vote, 5 to 0).
Next: The Oct 22 agenda lists further Parkway Terrace actions (see the agenda link); the option closing period was extended by 200 days.

ID 26-1089: Finding of Categorical Exemption (CEQA Section 15268, ministerial projects). Resolution 2026-225 repeals and replaces Resolution 2026-26 and authorizes the joint application to the Homekey+ Program with co-applicant Parkway Prime, LLC, with the City Manager or designee signing implementing documents. A Repair Services Agreement with Parkway Prime LLC sets terms and compensation for the project.
ID 26-1185: Second Amendment to the Amended and Restated Agreement for Option to Purchase a parcel on North Parkway Drive between the City and the Fresno Housing Authority. It extends the closing period by 200 days and assigns all Homekey provisions, without changing the overall compensation.
Motion by Councilmember Karbassi, seconded by Councilmember Richardson, for the whole consent calendar. Aye 5 (Council President Esparza, Vice President Maxwell, Councilmember Karbassi, Councilmember Vang, Councilmember Richardson); Absent 2 (Councilmember Perea, Councilmember Arias). No public comment on consent items.

Resolution 2026-225, Repair Services Agreement and option amendment approved on consent, 5 to 0.