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Huntington Beach
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Marisol Senior Living Bond Financing Renewal

Huntington Beach

Summary

The council renewed federal TEFRA approval so the Marisol senior living project can issue up to $325 million in tax-exempt bonds. The city carries no debt, and property tax revenue is expected to grow from about $22,000 to $242,000 a year by year five under the PILOT agreement.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Feb 3, 2026.

Impact analysis

💰Financial impact

No city cost — the site's property tax revenue is projected to jump from about $22K to $242K a year by year five.

✅Who benefits

Seniors needing housing and the city's future property tax base.

Mentions & discussions (1)

MeetingFeb 3, 2026

City Council/Public Financing Authority — February 3, 2026

The council renewed federal TEFRA approval so the Marisol senior living project can issue up to $325 million in tax-exempt bonds. The city carries no debt, and property tax revenue is expected to grow from about $22,000 to $242,000 a year by year five under the PILOT agreement.

Related development

approved

Marisol Senior Living Project

Keeps the senior housing project eligible for tax-exempt financing; property tax revenue to the city is expected to rise from about $22K to $242K annually by year five.

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