FINANCIAL_SERVICESAPPROVED

Alachua County Awards Financial Services Contract to Fannie Mae (July 2026)

The Authority approved use of bond proceeds to purchase a Fannie Mae guaranteed mortgage-backed security backed by the Carver Gardens mortgage loan. The Fannie Mae MBS will provide the revenue stream and credit support securing repayment of the Series 2026 housing revenue bonds.

Status
APPROVED
Document date
July 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Fannie Mae
Agency
Alachua County · FL

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
MBS backed by a mortgage loan equal to bond principal; MBS Purchase Price equals Mortgage Loan principal plus accrued interest
Contract type
FINANCIAL_SERVICES
Contract term
MBS Dated Date through MBS Maturity Date (no later than bond final maturity)
Renewal date
2044-07-01
Renewal
MBS remains outstanding and guaranteed by Fannie Mae until redeemed, paid in full, or matured, aligned with the underlying mortgage loan and bond amortization.
Document type
Agenda
Source document
Alachua County Housing Finance Authority Agenda 2026-07-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Alachua County?

Fannie Mae was awarded this financial services contract by Alachua County, as recorded on July 12, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Alachua County Housing Finance Authority Agenda 2026-07-15 (Agenda), dated July 12, 2026 from Alachua County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fannie Mae hold?

Fannie Mae 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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