City Refinances Loan With Regency Towers Senior Housing

Inglewood proposes to restructure its Agency Loan with Regency Towers Senior Housing, L.P., including a partial repayment of approximately $2,297,878 from refinancing proceeds and modification of the remaining loan at 3% interest. The action includes new subordinate loan documents and extended affordability covenants for the senior housing project at 151 North Locust Street.

Scope & details

The full contract record, as filed.

Contract amount

Approximately $2,297,878 partial repayment (net capital proceeds)

Contract type

FINANCIAL_SERVICES

Renewal

Existing redevelopment loan will be modified and restated at the current 3% interest rate with continued affordability covenants under an Amended and Restated Regulatory Agreement.

Document type

Agenda

Source document

City of Inglewood Agenda 2026-07-21

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Authority of the city of Inglewood?

Regency Towers Senior Housing Lp was awarded this financial services contract by Housing Authority of the city of Inglewood, as recorded on July 19, 2026. The contract value is Approximately $2,297,878 partial repayment (net capital proceeds).

How much is the Regency Towers Senior Housing Lp contract with Housing Authority of the city of Inglewood worth?

The Regency Towers Senior Housing Lp contract with Housing Authority of the city of Inglewood is valued at Approximately $2,297,878 partial repayment (net capital proceeds), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Inglewood Agenda 2026-07-21 (Agenda), dated July 19, 2026 from Housing Authority of the city of Inglewood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Regency Towers Senior Housing Lp hold?

Regency Towers Senior Housing Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Regency Towers Senior Housing Lp's profile

What is Housing Authority of the city of Inglewood currently buying?

Explore Housing Authority of the city of Inglewood's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Housing Authority of the city of Inglewood's profile