$87.5M Bonds Approved for Esperanza Village Housing
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Description
The Board will approve issuance of up to $87.5 million in multifamily housing revenue bonds to finance the Esperanza Village affordable housing project in El Monte, sponsored by a partnership including National Community Renaissance of California. An interlocal agreement with the City of El Monte will also be executed.
Contract Details
Contract Amount
Up to $87,500,176 in multifamily housing revenue bonds or notes
Vendor
NATIONAL COMMUNITY RENAISSANCE OF CALIFORNIA
Agency
Los Angeles County, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Renewal Info
Bond authorization relates to project financing; no service term renewal is specified.
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