Housing Authority city of Fresno Awards Financial Services Contract to Pnc Real Estate (March 2026)
Housing Authority city of FresnoLocal Housing Authority · Fresno, CA- Disclosed value
- $3,773,000 (construction loan, 21 months, 7%); $12,706,595 (equity bridge loan, 21 months, 6.55%); $2,075,541 (limited partner/tax equity contribution); $3,773,000 (permanent loan, 35 years, 7.24%); $15,755,413 (permanent limited partner tax equity)
- From agendapacket
- Approved
- Mar 22, 2026
- Renews
- Free account
The 30-second brief
Fresno Housing approved agreements with PNC Real Estate to provide over $19 million in construction, bridge, and permanent financing for the rehabilitation of Garland Gardens Apartments. PNC will also serve as investor limited partner contributing tax equity.
Pnc Real Estate holds this financial services contract with Housing Authority city of Fresno. Its other public contracts on record include work for TX-State-Department of Housing and Community Affairs and Texas Department of Housing & Community Affairs.
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Contract details
- Contract type
- Financial Services
- Amount
- $3,773,000 (construction loan, 21 months, 7%); $12,706,595 (equity bridge loan, 21 months, 6.55%); $2,075,541 (limited partner/tax equity contribution); $3,773,000 (permanent loan, 35 years, 7.24%); $15,755,413 (permanent limited partner tax equity)
- Document date
- March 22, 2026
- Term
- Construction loans: 21 months; permanent loan: 35 years
- Renews
- On record
- Vendor
- Pnc Real Estate
- Source document
- Fresno Housing Authority Joint Board Meeting Agenda Packet March 2026 (AgendaPacket)
Pnc Real Estate's other public contracts
More Housing Authority city of Fresno contracts
Questions about this contract
Who was awarded the financial services contract by Housing Authority city of Fresno?
Pnc Real Estate was awarded this financial services contract by Housing Authority city of Fresno, as recorded on March 22, 2026. The contract value is $3,773,000 (construction loan, 21 months, 7%); $12,706,595 (equity bridge loan, 21 months, 6.55%); $2,075,541 (limited partner/tax equity contribution); $3,773,000 (permanent loan, 35 years, 7.24%); $15,755,413 (permanent limited partner tax equity).
How much is the Pnc Real Estate contract with Housing Authority city of Fresno worth?
The Pnc Real Estate contract with Housing Authority city of Fresno is valued at $3,773,000 (construction loan, 21 months, 7%); $12,706,595 (equity bridge loan, 21 months, 6.55%); $2,075,541 (limited partner/tax equity contribution); $3,773,000 (permanent loan, 35 years, 7.24%); $15,755,413 (permanent limited partner tax equity), 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 Fresno Housing Authority Joint Board Meeting Agenda Packet March 2026 (AgendaPacket), dated March 22, 2026 from Housing Authority city of Fresno. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pnc Real Estate hold?
Pnc Real Estate may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Housing Authority city of Fresno currently buying?
Explore Housing Authority city of Fresno's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.