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Bond Program Due Diligence – SB-99 Simi Valley, California

Community Redevelopment Agency of the City of Simi Valley  |  Government and public sector consultants for market and financial feasibility study for residential development, in support of SB-99 mortgage revenue bond issuance.

 

California law in the 1980’s authorized both state and local governmental entities to issue tax-exempt mortgage revenue bonds (“MRB’s”).   The proceeds from the sale of these bonds are used to provide financing for the development of housing at interest rates that are below prevailing market rates.   State law generally restricted availability of this subsidized financing to low- and moderate-income households.

 

 

government and public sector consultants

First Street North

Community Redevelopment Agency of the City of Los Angeles  |  The Community Redevelopment Agency of Los Angeles was preparing to bid out and develop First Street North, one of the largest redevelopment project areas in the agency’s portfolio.

 

Assistance was provided to the CRA, including bid package preparation, bidder solicitation, bidder criteria, and ultimately, analysis and negotiation of submitted bids.

 

 

StoneCreek Partners  StoneCreek Partners  StoneCreek Partners  StoneCreek Partners  StoneCreek Partners  StoneCreek Partners

 
 

Contact us for more information or to discuss your project