$5.1M Loan Approved for Florin Family Apartments
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Description
The City authorized SHRA to allocate and issue a $5.1 million conditional loan to Christian Church Homes for the Florin Family Apartments, supporting acquisition, construction, and permanent financing of the affordable housing project.
Contract Details
Contract Amount
$5.1 million Conditional Loan Commitment
Vendor
CHRISTIAN CHURCH HOMES
Agency
City of Sacramento - Dept. of Utilities, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 23, 2026
Renewal Info
Loan commitment terms and maturity are not specified in the agenda; detailed schedule will be in loan documents.
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Issuing Agency
Special District
Sacramento, CA
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