Kings County Awards Financial Services Contract to Citibank N.a. (July 2026)

The California Public Finance Authority designated Citibank, N.A. as the Funding Lender and initial holder for up to $15 million of multifamily housing revenue notes for the Vista Verde Senior Housing project. The bank will hold the tax-exempt and taxable series under a private placement structure with maturities up to 45 years.

Scope & details

The full contract record, as filed.

Contract amount

Up to $15,000,000 aggregate principal amount of Notes

Contract type

FINANCIAL_SERVICES

Contract term

Notes maturing in no more than 45 years from execution and delivery

Renewal

Private placement funding arrangement established via Funding Loan Agreement and related Contingency Draw-Down Agreement; no renewal terms specified in the resolution.

Document type

AgendaPacket

Source document

California Public Finance Authority AgendaPacket Vista Verde Community Housing Financing 2026-07-28

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Kings County?

Citibank N.a. was awarded this financial services contract by Kings County, as recorded on July 28, 2026. The contract value is Up to $15,000,000 aggregate principal amount of Notes.

How much is the Citibank N.a. contract with Kings County worth?

The Citibank N.a. contract with Kings County is valued at Up to $15,000,000 aggregate principal amount of Notes, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in California Public Finance Authority AgendaPacket Vista Verde Community Housing Financing 2026-07-28 (AgendaPacket), dated July 28, 2026 from Kings County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Citibank N.a. hold?

Citibank N.a. 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 Citibank N.a.'s profile

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