County to Approve $20M CEDA Senior Housing Financing
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Description
The Board will consider approving the California Enterprise Development Authority’s issuance of up to $20 million in revenue obligations to finance a 60-unit senior housing project for Cardiff Orthodox Housing Foundation and Saints Constantine and Helen Greek Orthodox Church. The County’s role is limited to holding a public hearing and approving the resolution, with no County debt obligation and a small fee reimbursement.
Contract Details
Contract Amount
Not to exceed $20,000,000 (revenue obligations for Borrower project)
Vendor
CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY
Agency
Housing Authority of the county of San Diego, CA
Contract Type
FINANCIAL_SERVICES
Document Date
December 10, 2025
Renewal Info
Single financing authorization for conduit revenue obligations; no renewal terms described.
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Issuing Agency
Local Housing Authority
San Diego, CA
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