California Housing Finance Agency | State of California Awards Financial Services Contract to 350 S Figueroa Llc (July 2026)

The Sky Castle (Phase I) transaction includes a $4.999 million, 55‑year seller carryback note from 350 S. Figueroa LLC at 5% interest, subordinate to CalHFA permanent financing. Repayment is structured from the partnership’s surplus cash over time.

Document date · July 22, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$4,999,000 seller carryback note at 5.00% fixed for 55 years starting at permanent loan conversion

Contract type

FINANCIAL_SERVICES

Contract term

55 years from permanent loan conversion

Renewal date

2084-11-30

Renewal

The seller note has a 55‑year term beginning at permanent conversion with repayment from surplus cash; no renewal or extension options are described.

Document type

AgendaPacket

Source document

California Housing Finance Agency AgendaPacket Public Meeting Agenda 2026-07-23

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by California Housing Finance Agency | State of California?

350 S Figueroa Llc was awarded this financial services contract by California Housing Finance Agency | State of California, as recorded on July 22, 2026. The contract value is $4,999,000 seller carryback note at 5.00% fixed for 55 years starting at permanent loan conversion.

How much is the 350 S Figueroa Llc contract with California Housing Finance Agency | State of California worth?

The 350 S Figueroa Llc contract with California Housing Finance Agency | State of California is valued at $4,999,000 seller carryback note at 5.00% fixed for 55 years starting at permanent loan conversion, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in California Housing Finance Agency AgendaPacket Public Meeting Agenda 2026-07-23 (AgendaPacket), dated July 22, 2026 from California Housing Finance Agency | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 350 S Figueroa Llc hold?

350 S Figueroa Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View 350 S Figueroa Llc's profile

What is California Housing Finance Agency | State of California currently buying?

Explore California Housing Finance Agency | State of California's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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