SLONP Provides Subordinate Loans for Monterey Project
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Description
San Luis Obispo Nonprofit Housing Corporation was approved to provide subordinated project loans totaling up to $16.7 million for Monterey Family Crossing’s development funding structure.
Contract Details
Contract Amount
Not to exceed $1,500,000 Seller Loan; not to exceed $5,000,000 IIG Funds Loan; not to exceed $10,200,000 State Credits Loan
Vendor
SAN LUIS OBISPO NONPROFIT HOUSING CORPORATION
Agency
Housing Authority of the city of San Luis Obispo, CA
Contract Type
FINANCIAL_SERVICES
Document Date
February 19, 2026
More from SAN LUIS OBISPO NONPROFIT HOUSING CORPORATION
Issuing Agency
Local Housing Authority
San Luis Obispo, CA
More from Housing Authority of the city of San Luis Obispo
HASLO Board Meeting Agenda February 19 2026
HASLO Board Meeting Agenda February 19 2026
HASLO Board Meeting Agenda February 19 2026
HASLO Board Meeting Agenda February 19 2026
HASLO Board Meeting Agenda February 19 2026
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