Banc of California Awarded Monterey Family Project Loan
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Description
The HASLO Board approved Banc of California as lender for up to $45 million in construction financing and up to $12 million in permanent loans for Monterey Family Crossing. HASLO guarantees and legal agreements were authorized.
Contract Details
Contract Amount
Not to exceed $45,000,000 construction loan; converts to not to exceed $12,000,000 permanent loan
Vendor
BANC OF CALIFORNIA
Agency
Housing Authority of the city of San Luis Obispo, CA
Contract Type
FINANCIAL_SERVICES
Document Date
February 19, 2026
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Issuing Agency
Local Housing Authority
San Luis Obispo, CA
More from Housing Authority of the city of San Luis Obispo
HASLO Board Meeting Agenda February 19 2026
HASLO Board Meeting Agenda February 19 2026
HASLO Board Meeting Agenda February 19 2026
HASLO Board Meeting Agenda February 19 2026
HASLO Board Meeting Agenda February 19 2026
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