Bakersfield City Council Regular Meeting Agenda March 2025
Banc of America CDC Joins Letzring Gardens Financing
Trusted by teams at
Description
Bakersfield’s regulatory agreement modification will also designate Banc of America CDC Special Holding Company, Inc. as a limited partner in the Letzring Gardens affordable housing project, contributing tax credit equity aligned with a $35 million loan.
Contract Details
Contract Amount
$35,000,000 (bank construction loan referenced)
Vendor
BANC OF AMERICA CDC SPECIAL HOLDING COMPANY INC
Agency
City of Bakersfield, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 26, 2025
Renewal Info
Entity’s limited partner role formalized by Modification No. 1 to regulatory agreement 2024-317(R).
More from BANC OF AMERICA CDC SPECIAL HOLDING COMPANY INC
Related Contracts
More from City of Bakersfield
Bakersfield City Council Regular Meeting Agenda May 13, 2026
Bakersfield City Council Regular Meeting Agenda May 13, 2026
Bakersfield City Council Regular Meeting Agenda May 13, 2026
Bakersfield City Council Regular Meeting Agenda May 13, 2026
City of Bakersfield City Council Regular Meeting Agenda May 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.