FINANCIAL_SERVICESAPPROVED

California Housing Finance Agency | State of California Awards Financial Services Contract to Wells Fargo Bank N.a (May 2026)

Wells Fargo Bank, N.A will invest over $36 million in federal housing tax credit equity to capitalize the Sierra Vista Apartments in Roseville. The equity investment supports the financial feasibility of the 192‑unit mixed-income project alongside CalHFA and local financing.

Document date · May 21, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$7,271,927 (Federal LIHTC equity at construction) and $36,359,632 (total tax credit equity at permanent)
Contract type
FINANCIAL_SERVICES
Renewal
Tax credit equity is tied to the 4% LIHTC allocation and compliance period; no renewals are contemplated beyond the statutory tax credit horizon.
Document type
AgendaPacket
Source document
California Housing Finance Agency Public Meeting Agenda Packet 2026-05-21

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?

Wells Fargo Bank N.a was awarded this financial services contract by California Housing Finance Agency | State of California, as recorded on May 21, 2026. The contract value is $7,271,927 (Federal LIHTC equity at construction) and $36,359,632 (total tax credit equity at permanent).

How much is the Wells Fargo Bank N.a contract with California Housing Finance Agency | State of California worth?

The Wells Fargo Bank N.a contract with California Housing Finance Agency | State of California is valued at $7,271,927 (Federal LIHTC equity at construction) and $36,359,632 (total tax credit equity at permanent), 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 Public Meeting Agenda Packet 2026-05-21 (AgendaPacket), dated May 21, 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 Wells Fargo Bank N.a hold?

Wells Fargo Bank N.a 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 Wells Fargo Bank N.a's profile

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

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