CONTRACTAPPROVED

California Statewide Communities Development Authority Awards Financial Services Contract to Magnet Senior Ii Housing Partners LP (November 2026)

California Statewide Communities Development Authority
Disclosed value
Not to exceed $10,000,000
From agendapacket
Approved
Nov 5, 2026
Term
35 years
Renews
Free account

The 30-second brief

What it covers

CSCDA approved up to $10 million in multifamily housing revenue bonds for Magnet Senior II Housing Partners, L.P. The 35-year financing will support construction of 22 rent-restricted senior units in Irvine.

Who holds it

Magnet Senior Ii Housing Partners LP holds this financial services contract with California Statewide Communities Development Authority.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $10,000,000
Document date
November 5, 2026
Term
35 years
Renews
On record
Source document
California Statewide Communities Development Authority AgendaPacket Regular Meeting November 5, 2026 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by California Statewide Communities Development Authority?

Magnet Senior Ii Housing Partners LP was awarded this financial services contract by California Statewide Communities Development Authority, as recorded on November 5, 2026. The contract value is Not to exceed $10,000,000.

How much is the Magnet Senior Ii Housing Partners LP contract with California Statewide Communities Development Authority worth?

The Magnet Senior Ii Housing Partners LP contract with California Statewide Communities Development Authority is valued at Not to exceed $10,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in California Statewide Communities Development Authority AgendaPacket Regular Meeting November 5, 2026 (AgendaPacket), dated November 5, 2026 from California Statewide Communities Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Magnet Senior Ii Housing Partners LP hold?

Magnet Senior Ii Housing Partners LP 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 Statewide Communities Development Authority currently buying?

Explore California Statewide Communities Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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