FINANCIAL_SERVICESAPPROVED

Humboldt Transit Authority Awards Financial Services Contract to U.s. Bank National Association (July 2026)

Humboldt Transit Authority authorized a Subordination and Intercreditor Agreement with U.S. Bank National Association to subordinate its $8.96 million junior loan for the EaRTH Center to a $3.7 million senior loan. This agreement is part of the financing structure for the integrated Transit Center and affordable housing project.

Status
APPROVED
Document date
July 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
U.s. Bank National Association
Agency
Humboldt Transit Authority · CA

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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
$3,700,000 (senior loan referenced)
Contract type
FINANCIAL_SERVICES
Contract term
55-year junior HTA loan will be subordinate to this senior loan; specific senior loan term not stated
Renewal
No renewal terms described; subordination applies for the life of the senior and junior loans as documented.
Document type
AgendaPacket
Source document
Humboldt Transit Authority AgendaPacket Special Board Meeting 2026-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Humboldt Transit Authority?

U.s. Bank National Association was awarded this financial services contract by Humboldt Transit Authority, as recorded on July 1, 2026. The contract value is $3,700,000 (senior loan referenced).

How much is the U.s. Bank National Association contract with Humboldt Transit Authority worth?

The U.s. Bank National Association contract with Humboldt Transit Authority is valued at $3,700,000 (senior loan referenced), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Humboldt Transit Authority AgendaPacket Special Board Meeting 2026-07-01 (AgendaPacket), dated July 1, 2026 from Humboldt Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.s. Bank National Association hold?

U.s. Bank National Association 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 U.s. Bank National Association's profile

What is Humboldt Transit Authority currently buying?

Explore Humboldt Transit Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Humboldt Transit Authority's profile

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