FINANCIAL_SERVICESAPPROVED

City of Costa Mesa Awards Financial Services Contract to American Family Housing (March 2026)

Costa Mesa authorized a $350,000 HOME-funded loan at 3% interest to American Family Housing for the Avon River Apartments at 1400 Bristol Avenue. The funding is contingent on federal environmental and subsidy reviews and will be documented in a funding commitment letter.

Status
APPROVED
Document date
March 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
American Family Housing
Agency
City of Costa Mesa · CA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$350,000 loan at 3% interest
Contract type
FINANCIAL_SERVICES
Renewal
Initial project-specific HOME loan commitment; contingent on NEPA and Subsidy Layering Review prior to closing. No renewal or extension provisions specified in this action.
Document type
Minutes
Source document
City of Costa Mesa Regular Meeting Minutes 2026-03-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Costa Mesa?

American Family Housing was awarded this financial services contract by City of Costa Mesa, as recorded on March 17, 2026. The contract value is $350,000 loan at 3% interest.

How much is the American Family Housing contract with City of Costa Mesa worth?

The American Family Housing contract with City of Costa Mesa is valued at $350,000 loan at 3% interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Costa Mesa Regular Meeting Minutes 2026-03-17 (Minutes), dated March 17, 2026 from City of Costa Mesa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Family Housing hold?

American Family Housing 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 American Family Housing's profile

What is City of Costa Mesa currently buying?

Explore City of Costa Mesa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Costa Mesa's profile

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