This Week's Franchise
InvestigationStockton City Council Approves Downtown Hotel Subsidy Over Affordable Housing Objections
A 4-3 vote authorized a $6.4M gap financing agreement for a 120-room boutique hotel at the former PG&E site — opponents cited a 2,800-unit affordable housing waitlist
The Stockton City Council voted 4-3 on June 30 to authorize a $6.4 million gap financing agreement for a proposed 120-room boutique hotel at the former Pacific Gas & Electric distribution yard on Hunter Street, over objections from housing advocates who noted the city's affordable housing waitlist currently stands at 2,800 households.
The deal structures city funds as a 20-year deferred loan repaid from hotel tax revenue, contingent on the developer — Pacific Gateway Ventures LLC — securing private financing by December 31.
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| Agency | Request | Filed | Status | Next Step |
|---|---|---|---|---|
| Manteca Unified School District | K–2 reading screener documentation | June 18 | Response received | Reviewing response for compliance with state mandate |
| San Joaquin County | Point-in-Time count data | June 1 | Response received | Analyzing data for trends and insights |
| Antioch Police Department | Use-of-force incident data | May 15 | Pending | Follow-up with department for updated response |