Low Income Investment Fund tapped for TOC housing fund | Los Angeles County Metro Transit Authority | LOW INCOME INVESTMENT FUND

Scope & details

The full contract record, as filed.

Contract amount

Metro commitment of $10,000,000; consortium to secure over $60,000,000 in matching funds

Contract type

FINANCIAL_SERVICES

Renewal

Staff was directed to negotiate loan fund terms with the consortium and return for final Board approval; no renewal or option terms specified.

Document type

StaffReport

Source document

Los Angeles County Metropolitan Transportation Authority StaffReport Transit Oriented Communities Economic Development Program Pilot Investment Fund Program Administrator 2025-05-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Los Angeles County Metro Transit Authority?

Low Income Investment Fund was awarded this financial services contract by Los Angeles County Metro Transit Authority, as recorded on May 14, 2025. The contract value is Metro commitment of $10,000,000; consortium to secure over $60,000,000 in matching funds.

How much is the Low Income Investment Fund contract with Los Angeles County Metro Transit Authority worth?

The Low Income Investment Fund contract with Los Angeles County Metro Transit Authority is valued at Metro commitment of $10,000,000; consortium to secure over $60,000,000 in matching funds, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Los Angeles County Metropolitan Transportation Authority StaffReport Transit Oriented Communities Economic Development Program Pilot Investment Fund Program Administrator 2025-05-14 (StaffReport), dated May 14, 2025 from Los Angeles County Metro Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Low Income Investment Fund hold?

Low Income Investment Fund 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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