santa_barbara_city_council_agenda_october_7_2025.pdf
Banc of California loan amendment for housing project
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Description
Banc of California loan of $18,000,000 subordinated and amended for affordable housing project at 3055 De La Vina Street.
Contract Details
Contract Amount
$18,000,000
Vendor
BANC OF CALIFORNIA N.A.
Agency
City of Santa Barbara, CA
Contract Type
Loan Agreement
Document Date
October 7, 2025
Contract Term
NA
Renewal Date
NA
Renewal Info
Loan amendment and subordination agreement authorized
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