CTCAC Committee Meeting Agenda August 23 2023
Housing Authority loan backs Demaree Street Apartments
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Description
The Housing Authority of Tulare County will contribute a $3.6 million loan to the Demaree Street Apartments LIHTC development. This local funding helps close the financing gap for 220 new affordable units.
Contract Details
Contract Amount
$3,600,000 loan (construction and permanent)
Vendor
HOUSING AUTHORITY OF TULARE COUNTY
Agency
California Tax Credit Allocation Committee, CA
Contract Type
FINANCIAL_SERVICES
Document Date
August 23, 2023
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APPROVEDTulare County Board of Supervisors Agenda May 2025
APPROVEDIssuing Agency
California Tax Credit Allocation Committee
State Housing Authority
Sacramento, CA
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