California Tax Credit Allocation Committee AgendaPacket 2026-06-22
JP Morgan Chase to fund 1510 North First construction
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Description
JP Morgan Chase is slated to provide about $12.39 million in construction financing for the 1510 North First adaptive reuse LIHTC project in San Jose. The loan supports conversion of a former hotel into 58 units of special needs housing.
Contract Details
Contract Amount
$12,394,224 (construction financing)
Vendor
JP MORGAN CHASE
Agency
California Tax Credit Allocation Committee, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
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PENDINGIssuing Agency
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California Tax Credit Allocation Committee AgendaPacket 2026-06-22
California Tax Credit Allocation Committee AgendaPacket 2026-06-22
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