CONTRACTRECOMMENDED

PNC Real Estate to invest in Village Park LIHTCs

California Tax Credit Allocation Committee
Disclosed value
$4,369,748 tax credit equity at permanent financing
From agendapacket
Document date
Jun 22, 2026

The 30-second brief

What it covers

PNC Real Estate is identified as the investor/consultant providing roughly $4.37 million in LIHTC equity for the Village Park Senior Apartments resyndication in Bakersfield. The equity will close the financing gap for the 60‑unit senior rehabilitation recommended by CTCAC.

Who holds it

Pnc Real Estate holds this financial services contract with California Tax Credit Allocation Committee. Its other public contracts on record include work for TX-State-Department of Housing and Community Affairs and Texas Department of Housing & Community Affairs.

What happens next

Term as filed: LIHTC compliance period for Village Park Senior Apartments.

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Contract details

Contract type
Financial Services
Amount
$4,369,748 tax credit equity at permanent financing
Document date
June 22, 2026
Term
LIHTC compliance period for Village Park Senior Apartments
Source document
California Tax Credit Allocation Committee AgendaPacket 2026-06-22 (AgendaPacket)

Pnc Real Estate's other public contracts

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Questions about this contract

Who was awarded the financial services contract by California Tax Credit Allocation Committee?

Pnc Real Estate was awarded this financial services contract by California Tax Credit Allocation Committee, as recorded on June 22, 2026. The contract value is $4,369,748 tax credit equity at permanent financing.

How much is the Pnc Real Estate contract with California Tax Credit Allocation Committee worth?

The Pnc Real Estate contract with California Tax Credit Allocation Committee is valued at $4,369,748 tax credit equity at permanent financing, 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 Tax Credit Allocation Committee AgendaPacket 2026-06-22 (AgendaPacket), dated June 22, 2026 from California Tax Credit Allocation Committee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pnc Real Estate hold?

Pnc Real Estate 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 Tax Credit Allocation Committee currently buying?

Explore California Tax Credit Allocation Committee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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