City of Inglewood Council Meeting Agenda April 2026
LACDA Authorized for Inglewood Housing Bond Financing
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Description
Inglewood’s Housing Services & CDBG Department seeks authorization for the Los Angeles County Development Authority to issue up to $26,276,000 in bonds or notes to finance multifamily rental housing in the city. The Council is also asked to approve an Interlocal Cooperation agreement with the County through LACDA to facilitate this financing.
Contract Details
Contract Amount
Not to exceed $26,276,000 in bonds or notes (financing authority amount)
Vendor
LOS ANGELES COUNTY DEVELOPMENT AUTHORITY
Agency
City of Inglewood, CA
Contract Type
FINANCIAL_SERVICES
Document Date
April 25, 2026
Renewal Info
Interlocal Cooperation agreement to enable ongoing cooperation on multifamily housing financing; specific renewal or termination provisions are not stated in the agenda.
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