California Enterprise Development Authority Regular Meeting Agenda Packet December 2025
CEDA approves $25M senior housing financing in Cardiff
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Description
The California Enterprise Development Authority authorized up to $25 million in conduit loans to Cardiff Orthodox Housing Foundation to develop and equip a senior multifamily housing project in Cardiff by the Sea. The financing will support additional affordable housing for elderly residents and be repaid from borrower revenues.
Contract Details
Contract Amount
Not to exceed $25,000,000
Vendor
CARDIFF ORTHODOX HOUSING FOUNDATION
Agency
California Enterprise Development Authority, CA
Contract Type
FINANCIAL_SERVICES
Document Date
December 11, 2025
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