Housing Authority of the County of Marin StaffReport Golden Gate Village Revitalization project report and request to approve documents 2026-04-14
Freddie Mac TEL Loan Planned for GGV Phase I
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Description
Marin Housing Authority plans to secure a permanent loan from Freddie Mac’s Tax-Exempt Loan program for Golden Gate Village Phase I, with Wells Fargo Bank serving as seller-servicer. The fixed-rate loan will be repaid from project-based voucher subsidies and tenant rents.
Contract Details
Vendor
FREDDIE MAC
Agency
HOUSING AUTHORITY OF county OF MARIN, CA
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Contract Term
Fixed-rate Tax-Exempt Loan program; term to be locked at start of construction
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ONGOINGIssuing Agency
HOUSING AUTHORITY OF county OF MARIN
Local Housing Authority
San Rafael, CA
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