FINANCIAL_SERVICESONGOING

City grants rights to Sereno Village tax credit investor

U.S. Bancorp Community Development Corporation is recognized as the tax credit investor limited partner in Eden Sereno Village, with rights to receive City default notices, cure loan defaults, and access reserves without prior City approval while invested. Vallejo also consents to affiliate transfers and potential replacement of the general partner in line with the partnership agreement.

Status
ONGOING
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
U.s. Bancorp Community Development Corporation
Agency
City of Vallejo · CA

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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 type
FINANCIAL_SERVICES
Contract term
Investor limited partner period not specified; rights apply while USBCDC remains investor limited partner
Renewal
Investor rights persist while U.S. Bancorp Community Development Corporation or its affiliate remains an investor limited partner; rights terminate upon its exit from the partnership.
Document type
AgendaPacket
Source document
Vallejo City Council AgendaPacket Special Meeting June 9, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Vallejo?

U.s. Bancorp Community Development Corporation was awarded this financial services contract by City of Vallejo, as recorded on June 9, 2026.

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 Vallejo City Council AgendaPacket Special Meeting June 9, 2026 (AgendaPacket), dated June 9, 2026 from City of Vallejo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.s. Bancorp Community Development Corporation hold?

U.s. Bancorp Community Development Corporation 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. Bancorp Community Development Corporation's profile

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