FINANCIAL_SERVICESONGOING

Red Stone Increases Initial LIHTC Equity For The Current

Red Stone, the project's federal LIHTC equity investor, adjusts its investment in The Current by providing $1.2 million more in equity at closing. Investment structure now features earlier infusions to support project cash flow.

Status
ONGOING
Document date
October 10, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Red Stone
Agency
Grand Junction Housing Authority · CO

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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
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
$1,200,000 more in equity at closing (amount subject to change); exact total not specified
Contract type
FINANCIAL_SERVICES
Contract term
Equity investment phases: 10% at closing, 15% at 50% completion
Renewal
Equity phasing, pricing subject to final closing terms and investor’s underwriting approval. Subject to minor changes before closing.
Document type
Minutes
Source document
Grand Junction Housing Authority Minutes October 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Grand Junction Housing Authority?

Red Stone was awarded this financial services contract by Grand Junction Housing Authority, as recorded on October 10, 2025. The contract value is $1,200,000 more in equity at closing (amount subject to change); exact total not specified.

How much is the Red Stone contract with Grand Junction Housing Authority worth?

The Red Stone contract with Grand Junction Housing Authority is valued at $1,200,000 more in equity at closing (amount subject to change); exact total not specified, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Grand Junction Housing Authority Minutes October 2025 (Minutes), dated October 10, 2025 from Grand Junction Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Red Stone hold?

Red Stone 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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What is Grand Junction Housing Authority currently buying?

Explore Grand Junction Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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