FINANCIAL_SERVICESAPPROVED

Housing Authority of the city of Annapolis Awards Financial Services Contract to Shore United Bank (May 2026)

The Housing Authority of the City of Annapolis approved a $300,000 line of credit with Shore United Bank at 5.2% interest to manage cash flow during federal reimbursement delays. The facility will be used only to cover temporary shortfalls related to HUD funding timing.

Status
APPROVED
Document date
May 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Shore United Bank
Agency
Housing Authority of the city of Annapolis · MD

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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
$300,000 line of credit
Contract type
FINANCIAL_SERVICES
Document type
AgendaPacket
Source document
Housing Authority of the City of Annapolis AgendaPacket Board of Commissioners Monthly Meeting 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Authority of the city of Annapolis?

Shore United Bank was awarded this financial services contract by Housing Authority of the city of Annapolis, as recorded on May 26, 2026. The contract value is $300,000 line of credit.

How much is the Shore United Bank contract with Housing Authority of the city of Annapolis worth?

The Shore United Bank contract with Housing Authority of the city of Annapolis is valued at $300,000 line of credit, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Housing Authority of the City of Annapolis AgendaPacket Board of Commissioners Monthly Meeting 2026-05-26 (AgendaPacket), dated May 26, 2026 from Housing Authority of the city of Annapolis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Shore United Bank hold?

Shore United Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Shore United Bank's profile

What is Housing Authority of the city of Annapolis currently buying?

Explore Housing Authority of the city of Annapolis's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Housing Authority of the city of Annapolis's profile

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