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California Tax Credit Allocation Committee AgendaPacket 2026-06-22

Kern Housing Authority to issue bonds for Village Park rehab

$3,500,000 (tax-exempt bond allocation)California Tax Credit Allocation CommitteeHOUSING AUTHORITY OF THE COUNTY OF KERNJune 22, 2026

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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
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IANS Research logo

Description

CTCAC and CDLAC staff recommend a $3.5 million tax-exempt bond issuance by the Housing Authority of the County of Kern to support the Village Park Senior Apartments resyndication in Bakersfield. The bonds are paired with 4% LIHTCs to rehabilitate 60 senior units.

Contract Details

Contract Amount

$3,500,000 (tax-exempt bond allocation)

Vendor

HOUSING AUTHORITY OF THE COUNTY OF KERN

Agency

California Tax Credit Allocation Committee, CA

Contract Type

FINANCIAL_SERVICES

Document Date

June 22, 2026

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