California Tax Credit Allocation Committee Meeting Agenda October 2024
Moreno Valley loans bolster Linwood Rose housing
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Description
The City of Moreno Valley is contributing $1.35 million in construction funding and $180,000 in permanent financing to The Linwood Rose LIHTC project. These local loans complement federal credits and ARP funds to deliver 35 homeless‑serving units.
Contract Details
Contract Amount
$1,350,000 (construction) and $180,000 (permanent)
Vendor
CITY OF MORENO VALLEY
Agency
California Tax Credit Allocation Committee, CA
Contract Type
FINANCIAL_SERVICES
Document Date
October 2, 2024
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RECOMMENDEDIssuing Agency
California Tax Credit Allocation Committee
State Housing Authority
Sacramento, CA
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