CONTRACTONGOING

Developer KB Home Linked to CFD Funding Agreements

Document date: Jul 1, 2026

What it covers

The Fiscal Agent Agreement references existing School Facilities Funding and Mitigation and Joint Community Facilities Agreements involving KB Home Coastal Inc., under which the developer participates in funding school and utility facilities through CFD No. 2023-2. Payments to or from the developer, including formation deposits and facility cost reimbursements, are treated as eligible Project Costs and Costs of Issuance under the bond program.

Who holds it

Kb Home Coastal Inc holds this contract with Hemet Unified. Its other public contracts on record include work for Elsinore Valley Municipal Water District and City of Menifee.

What happens next

Term as filed: Mitigation Agreement dated as of April 11, 2023; Joint Community Facilities Agreement (JCFA) dated April 19, 2023; both remain effective pursuant to their own terms during development and bond programs.

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Contract details

Document date: July 1, 2026
Term: Mitigation Agreement dated as of April 11, 2023; Joint Community Facilities Agreement (JCFA) dated April 19, 2023; both remain effective pursuant to their own terms during development and bond programs
Vendor: Kb Home Coastal Inc
Agency: Hemet Unified
Source document: Hemet Unified School District Fiscal Agent Agreement Community Facilities District No. 2023-2 2026 Special Tax Bonds 2026-07-01 (Agreement)

Kb Home Coastal Inc's other public contracts

Elsinore Valley Municipal Water District, CaliforniaWater District Considers KB Home Coastal Water Agreement · Oct 21, 2026Undisclosed Elsinore Valley Municipal Water District, CaliforniaTerracina Water Facilities Agreement Recommended for KB Home · Oct 21, 2026 Hemet Unified, CaliforniaKB Home Coastal Commits to Covenants Supporting CFD Bonds · Jul 1, 2026Undisclosed City of Menifee, CaliforniaCity Accepts Underwood Tract Improvements, Releases Securities · Apr 15, 2026Undisclosed City of Menifee, CaliforniaCity Accepts Underwood Tract Landscape Improvements · Apr 15, 2026Undisclosed All Kb Home Coastal Inc contractsVendor profile

More Hemet Unified contracts

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Questions about this contract

Who was awarded the government contract by Hemet Unified?

Kb Home Coastal Inc was awarded this government contract by Hemet Unified, as recorded on July 1, 2026.

What type of contract is this?

This is a government contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Hemet Unified School District Fiscal Agent Agreement Community Facilities District No. 2023-2 2026 Special Tax Bonds 2026-07-01 (Agreement), dated July 1, 2026 from Hemet Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kb Home Coastal Inc hold?

Kb Home Coastal 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.

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