Civic IQ
FINANCIAL_SERVICESAPPROVED

Sacramento County Board of Supervisors Meeting Minutes December 2024

USA Properties Secures Multifamily Housing Bonds, Loans

Up to $45,000,000 (bonds); $9,200,000 (loan agreement); $1,475,000 (fee offset/loan)Sacramento CountyUSA PROPERTIESDecember 17, 2024

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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

Description

The Housing Authority and Board approved multifamily bonds, construction loans, and fee offset funding totaling over $55 million for USA Properties and the Terracina at Wildhawk project.

Contract Details

Contract Amount

Up to $45,000,000 (bonds); $9,200,000 (loan agreement); $1,475,000 (fee offset/loan)

Vendor

USA PROPERTIES

Agency

Sacramento County, CA

Contract Type

FINANCIAL_SERVICES

Document Date

December 17, 2024

Renewal Info

Includes construction and permanent financing with authority to amend as needed.

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