FINANCIAL_SERVICESAPPROVED

Utah Housing Corporation Awards Financial Services Contract to California Bank & Trust (June 2026)

Utah Housing Corporation authorized use of California Bank & Trust for short-term construction financing on the Hive on 11th affordable housing project, as part of a tax-exempt bond deal.

Status
APPROVED
Document date
June 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
California Bank & Trust
Agency
Utah Housing Corporation · UT

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $29,870,500 (short-term construction loan)
Contract type
FINANCIAL_SERVICES
Contract term
Construction phase (exact term not specified)
Renewal
Construction loan for bond-funded project; not subject to renewal by UHC.
Document type
AgendaPacket
Source document
Utah Housing Corporation Annual Board Meeting Agenda Packet 2026-06-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Utah Housing Corporation?

California Bank & Trust was awarded this financial services contract by Utah Housing Corporation, as recorded on June 10, 2026. The contract value is Not to exceed $29,870,500 (short-term construction loan).

How much is the California Bank & Trust contract with Utah Housing Corporation worth?

The California Bank & Trust contract with Utah Housing Corporation is valued at Not to exceed $29,870,500 (short-term construction loan), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Utah Housing Corporation Annual Board Meeting Agenda Packet 2026-06-10 (AgendaPacket), dated June 10, 2026 from Utah Housing Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does California Bank & Trust hold?

California Bank & Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View California Bank & Trust's profile

What is Utah Housing Corporation currently buying?

Explore Utah Housing Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Utah Housing Corporation's profile

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