Civic IQ
FINANCIAL_SERVICESAPPROVED

County of Los Angeles Board of Supervisors Agenda 2026-06-16

$87.5M Bonds Approved for Esperanza Village Housing

Up to $87,500,176 in multifamily housing revenue bonds or notesLos Angeles CountyNATIONAL COMMUNITY RENAISSANCE OF CALIFORNIAJune 16, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
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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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