CONTRACTRECOMMENDED

9% LIHTC reservation for Villa Garcia’s 1510 North First

California Tax Credit Allocation Committee
Disclosed value
$1,696,412 annual federal LIHTCs
From agendapacket
Document date
Jun 22, 2026
Renews
Free account

The 30-second brief

What it covers

CTCAC staff recommends reserving $1.7 million in annual 9% LIHTCs for the 1510 North First special needs project developed by Villa Garcia, Inc. The San Jose adaptive reuse will provide 57 deeply affordable units for residents at risk of homelessness under a 55‑year covenant.

Who holds it

Villa Garcia Inc holds this financial services contract with California Tax Credit Allocation Committee. Its other public contracts on record include work for Santa Clara county Housing Authority and City of San Jose.

What happens next

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Contract details

Contract type
Financial Services
Amount
$1,696,412 annual federal LIHTCs
Document date
June 22, 2026
Term
55-year affordability/use restriction period
Renews
On record
Source document
California Tax Credit Allocation Committee AgendaPacket 2026-06-22 (AgendaPacket)

Villa Garcia 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?

Villa Garcia Inc was awarded this financial services contract by California Tax Credit Allocation Committee, as recorded on June 22, 2026. The contract value is $1,696,412 annual federal LIHTCs.

How much is the Villa Garcia Inc contract with California Tax Credit Allocation Committee worth?

The Villa Garcia Inc contract with California Tax Credit Allocation Committee is valued at $1,696,412 annual federal LIHTCs, 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 Villa Garcia Inc hold?

Villa Garcia 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.

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