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FINANCIAL_SERVICESAPPROVED

HASLO Board Meeting Agenda February 19 2026

Banc of California Awarded Monterey Family Project Loan

Not to exceed $45,000,000 construction loan; converts to not to exceed $12,000,000 permanent loanHousing Authority of the city of San Luis ObispoBANC OF CALIFORNIAFebruary 19, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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