California Tax Credit Allocation Committee Awards Financial Services Contract to Standard Property Company Inc (January 2022)
California Tax Credit Allocation CommitteeState Housing Authority · Sacramento, CA- Disclosed value
- $2,623,803 in annual federal tax credits; total project cost $52,465,273
- From agenda
- Approved
- Jan 19, 2022
- Term
- 55-year use/affordability period
The 30-second brief
The California Tax Credit Allocation Committee approved a reservation of $2,623,803 in annual federal LIHTCs to Standard Property Company, Inc. for the Aspen Wood Apartments senior housing project in San Ramon. The 122-unit tax‑exempt bond financed development will remain affordable for 55 years and leverages Citibank financing and San Ramon Affordable Housing Trust support.
Standard Property Company Inc holds this financial services contract with California Tax Credit Allocation Committee. Its other public contracts on record include work for Chelsea Housing Authority and Port Of Greater Cincinnati Development Authority.
Term as filed: 55-year use/affordability period.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $2,623,803 in annual federal tax credits; total project cost $52,465,273
- Document date
- January 19, 2022
- Term
- 55-year use/affordability period
- Source document
- California Tax Credit Allocation Committee Meeting Agenda January 2022 (Agenda)
Standard Property Company Inc's other public contracts
More California Tax Credit Allocation Committee contracts
Questions about this contract
Who was awarded the financial services contract by California Tax Credit Allocation Committee?
Standard Property Company Inc was awarded this financial services contract by California Tax Credit Allocation Committee, as recorded on January 19, 2022. The contract value is $2,623,803 in annual federal tax credits; total project cost $52,465,273.
How much is the Standard Property Company Inc contract with California Tax Credit Allocation Committee worth?
The Standard Property Company Inc contract with California Tax Credit Allocation Committee is valued at $2,623,803 in annual federal tax credits; total project cost $52,465,273, 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 Tax Credit Allocation Committee Meeting Agenda January 2022 (Agenda), dated January 19, 2022 from California Tax Credit Allocation Committee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Standard Property Company Inc hold?
Standard Property Company Inc 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.