Vernola Ranch district formation
Cmfa Special Finance Agency ViiiCalifornia- Detected
- Oct 9, 2026
- 20 days ago
- Sector
- Capital Projects
- Est. value
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From the meeting
At its October 9, 2026 meeting, the CMFA Board was asked to approve resolutions initiating formation of Community Facilities District No. 2026-23 for Vernola Ranch in the Jurupa Area Recreation and Park District. The report said the 677-home development was under construction, first closings were expected in December 2026, and the district would fund park fees.
Future hearings and additional resolutions were still required before bond issuance. Lennar Homes of California, LLC was the developer.
- Meeting date
- October 9, 2026
- Agency
- Cmfa Special Finance Agency Viii
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