CONTRACTAPPROVED

California Housing Finance Agency | State of California Awards Financial Services Contract to Us Bancorp Community Development Corporation (April 2026)

California Housing Finance Agency | State of California
Disclosed value
$33,959,910 federal LIHTC equity; $25,393,178 state LIHTC equity (requested amounts)
From agenda
Approved
Apr 16, 2026

The 30-second brief

What it covers

The 960 Howard Street financing plan includes U.S. Bancorp Community Development Corporation as the federal and state LIHTC equity investor, contributing roughly $53 million in tax credit equity. This equity is critical to delivering 200 income-restricted units in downtown San Francisco.

Who holds it

Us Bancorp Community Development Corporation holds this financial services contract with California Housing Finance Agency | State of California. Its other public contracts on record include work for The SEED School of Los Angeles County District and Housing Authority of the city of Memphis.

What happens next

Term as filed: Equity investment tied to LIHTC; typical 15-year compliance/partnership period (not explicitly stated).

See who signed off on this contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$33,959,910 federal LIHTC equity; $25,393,178 state LIHTC equity (requested amounts)
Document date
April 16, 2026
Term
Equity investment tied to LIHTC; typical 15-year compliance/partnership period (not explicitly stated)
Source document
California Housing Finance Agency Agenda 2026-04-16 (Agenda)

Us Bancorp Community Development Corporation'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?

Us Bancorp Community Development Corporation was awarded this financial services contract by California Housing Finance Agency | State of California, as recorded on April 16, 2026. The contract value is $33,959,910 federal LIHTC equity; $25,393,178 state LIHTC equity (requested amounts).

How much is the Us Bancorp Community Development Corporation contract with California Housing Finance Agency | State of California worth?

The Us Bancorp Community Development Corporation contract with California Housing Finance Agency | State of California is valued at $33,959,910 federal LIHTC equity; $25,393,178 state LIHTC equity (requested amounts), 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.

Show 2 more questions

What other contracts does Us Bancorp Community Development Corporation hold?

Us Bancorp Community Development Corporation 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.

Work in government? Get Civic IQ free →