CONTRACTAPPROVED

California Housing Finance Agency | State of California Awards Financial Services Contract to Citi Community Capital (April 2026)

California Housing Finance Agency | State of California
Disclosed value
$19,152,525 tax-exempt construction loan; $22,518,352 taxable construction loan; $100,000 tax-exempt recycled construction loan (total $41,770,877)
From agenda
Approved
Apr 16, 2026

The 30-second brief

What it covers

CalHFA’s Victoria Flats transaction includes approval of conduit construction financing from Citi Community Capital totaling about $41.8 million across tax-exempt, taxable, and recycled bond tranches. The interest-only loans will fund new construction and be refinanced by CalHFA’s permanent loan structure.

Who holds it

Citi Community Capital holds this financial services contract with California Housing Finance Agency | State of California. Its other public contracts on record include work for Washington State Housing Finance Commission.

What happens next

Term as filed: Interest-only; 30 months plus two 6-month extensions.

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Contract details

Contract type
Financial Services
Amount
$19,152,525 tax-exempt construction loan; $22,518,352 taxable construction loan; $100,000 tax-exempt recycled construction loan (total $41,770,877)
Document date
April 16, 2026
Term
Interest-only; 30 months plus two 6-month extensions
Source document
California Housing Finance Agency Agenda 2026-04-16 (Agenda)

Citi Community Capital's other public contracts

More California Housing Finance Agency | State of California contracts

Questions about this contract

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

Citi Community Capital was awarded this financial services contract by California Housing Finance Agency | State of California, as recorded on April 16, 2026. The contract value is $19,152,525 tax-exempt construction loan; $22,518,352 taxable construction loan; $100,000 tax-exempt recycled construction loan (total $41,770,877).

How much is the Citi Community Capital contract with California Housing Finance Agency | State of California worth?

The Citi Community Capital contract with California Housing Finance Agency | State of California is valued at $19,152,525 tax-exempt construction loan; $22,518,352 taxable construction loan; $100,000 tax-exempt recycled construction loan (total $41,770,877), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in California Housing Finance Agency Agenda 2026-04-16 (Agenda), dated April 16, 2026 from California Housing Finance Agency | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Citi Community Capital hold?

Citi Community Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor 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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