Kern Housing Authority to issue bonds for Village Park rehab
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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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Issuing Agency
State Housing Authority
Sacramento, CA
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