California Tax Credit Allocation Committee AgendaPacket 2026-06-22
LIHTC award recommended for Costa Mesa Senior Apartments
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Description
CTCAC staff recommends awarding $2.8 million in annual federal 9% tax credits and $3.33 million in state LIHTCs to West 19th Housing Partners LP for the Costa Mesa Senior Apartment Homes project. The development will provide 69 affordable senior and special needs units under a 55‑year covenant.
Contract Details
Contract Amount
$2,800,000 annual federal LIHTCs; $3,334,901 state LIHTCs
Vendor
WEST 19TH HOUSING PARTNERS LP
Agency
California Tax Credit Allocation Committee, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Contract Term
55-year affordability/use restriction period
Renewal Date
2082-12-31
Renewal Info
Standard 55‑year LIHTC regulatory agreement anticipated; final credit allocation contingent on placed‑in‑service review.
Issuing Agency
California Tax Credit Allocation Committee
State Housing Authority
Sacramento, CA
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