Increased agency loan for Santa Clara
Housing Authority of the county of VenturaCalifornia- Detected
- Jul 14, 2026
- 112 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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THE 30-SECOND BRIEF
The Board will consider authorizing an increase in the Housing Authority’s loan to Santa Clara Ventura LP up to $4,800,000 to support development of Santa Clara Apartments. The CEO would be empowered to negotiate and execute all related loan documents to implement this agency financing. This indicates a substantial internal funding commitment, suggesting project scale and potential needs for construction, financial structuring, and project management services as the development moves toward closing and build-out.
This is an internal loan increase from Ventura Housing to the Santa Clara Ventura LP entity for the same Santa Clara Apartments project.
From the meeting
- Meeting date
- July 14, 2026
- Agency
- Housing Authority of the county of Ventura
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