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Housing Authority loan for Bakersfield senior center

Housing Authority of Gorman
Disclosed value
2400000
From agenda
Document date
Aug 13, 2025
Term
55 year term

The 30-second brief

What it covers

The Housing Authority proposes to issue a loan of $2.4M to finance the construction of the senior center portion of the Bakersfield Senior Center Affordable Housing and Facility project.The Authority has been working with the Bakersfield Senior Center with the goal of replacing the existing senior center

Who holds it

Housing Authority holds this loan contract with Housing Authority of Gorman. Its other public contracts on record include work for City of Florence and City of New Smyrna Beach.

What happens next

Term as filed: 55 year term.

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Contract details

Contract type
Loan
Amount
2400000
Document date
August 13, 2025
Term
55 year term
Vendor
Housing Authority
Agency
Housing Authority of Gorman
Source document
housing-authority-of-the-county-of-kern-meeting-agenda-august-13-2025_fac.pdf (Agenda)

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Questions about this contract

Who was awarded the loan contract by Housing Authority of Gorman?

Housing Authority was awarded this loan contract by Housing Authority of Gorman, as recorded on August 13, 2025. The contract value is 2400000.

How much is the Housing Authority contract with Housing Authority of Gorman worth?

The Housing Authority contract with Housing Authority of Gorman is valued at 2400000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in housing-authority-of-the-county-of-kern-meeting-agenda-august-13-2025_fac.pdf (Agenda), dated August 13, 2025 from Housing Authority of Gorman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Housing Authority hold?

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

What is Housing Authority of Gorman currently buying?

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

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