FINANCIAL_SERVICESRECOMMENDED

SCCHA to finance and subsidize 1510 North First

The Santa Clara County Housing Authority will contribute roughly $9.5 million in MTW funding and over $1.1 million in permanent loans, along with HUD project‑based vouchers, to support the 1510 North First special‑needs LIHTC project recommended by CTCAC. These commitments underpin the adaptive reuse of a former hotel for residents at risk of homelessness.

Document date · June 22, 2026

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$9,517,984 MTW funds; smaller Tranche A $274,000 and Tranche B $848,000 permanent loans for CA-26-011
Contract type
FINANCIAL_SERVICES
Contract term
Construction and permanent loan periods, plus HUD MTW participation for 1510 North First
Renewal
Project‑based vouchers and MTW commitments typically run for multi‑year terms with renewal options; specific dates are not given.
Document type
AgendaPacket
Source document
California Tax Credit Allocation Committee AgendaPacket 2026-06-22

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Santa Clara County Housing Authority was awarded this financial services contract by California Tax Credit Allocation Committee, as recorded on June 22, 2026. The contract value is $9,517,984 MTW funds; smaller Tranche A $274,000 and Tranche B $848,000 permanent loans for CA-26-011.

How much is the Santa Clara County Housing Authority contract with California Tax Credit Allocation Committee worth?

The Santa Clara County Housing Authority contract with California Tax Credit Allocation Committee is valued at $9,517,984 MTW funds; smaller Tranche A $274,000 and Tranche B $848,000 permanent loans for CA-26-011, 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.

What other contracts does Santa Clara County Housing Authority hold?

Santa Clara County Housing Authority 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 Santa Clara County Housing Authority's profile

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