FINANCIAL_SERVICESONGOING

Montecito Bank & Trust Finances Chapel Lane Renovation

Montecito Bank & Trust financed the Chapel Lane Refinance and Renovation project at 11123 Snapdragon Street in Ventura, supporting a $3,913,075 construction and refinance package. The 38-unit senior housing renovation reached full completion by June 30, 2025, with a total development cost of $7,737,908.

Status
ONGOING
Document date
May 31, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Montecito Bank & Trust
Agency
Housing Authority of the county of Ventura · 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
$3,913,075
Contract type
FINANCIAL_SERVICES
Renewal
Post-construction, the project likely converted to permanent loan terms with Montecito Bank & Trust; future renewals will be governed by the loan documents.
Document type
Report
Source document
Housing Authority of the City of San Buenaventura Affordable Housing Development Activities Report 2026-05-31

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Authority of the county of Ventura?

Montecito Bank & Trust was awarded this financial services contract by Housing Authority of the county of Ventura, as recorded on May 31, 2026. The contract value is $3,913,075.

How much is the Montecito Bank & Trust contract with Housing Authority of the county of Ventura worth?

The Montecito Bank & Trust contract with Housing Authority of the county of Ventura is valued at $3,913,075, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Housing Authority of the City of San Buenaventura Affordable Housing Development Activities Report 2026-05-31 (Report), dated May 31, 2026 from Housing Authority of the county of Ventura. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Montecito Bank & Trust hold?

Montecito Bank & Trust 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 Montecito Bank & Trust's profile

What is Housing Authority of the county of Ventura currently buying?

Explore Housing Authority of the county of Ventura's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Housing Authority of the county of Ventura's profile

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