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Proposed $1M Revolving Loan with NeighborWorks for Tripp Lane

City of Murray
Disclosed value
Approximately $1,000,000 (pending, not finalized)
From minutes
Document date
Aug 22, 2023

The 30-second brief

What it covers

Murray RDA discussed a proposed $1 million revolving 60/40 loan program with NeighborWorks of Salt Lake for use in financing properties on Tripp Lane, with funds to be reinvested for future affordable housing.

Who holds it

Neighborworks of Salt Lake holds this financial services contract with City of Murray. Its other public contracts on record include work for City of Taylorsville.

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Contract details

Contract type
Financial Services
Amount
Approximately $1,000,000 (pending, not finalized)
Document date
August 22, 2023
Vendor
Neighborworks of Salt Lake
Agency
City of Murray
Source document
Redevelopment Agency of Murray City Minutes August 2023 (Minutes)

Neighborworks of Salt Lake's other public contracts

City of Taylorsville, UtahTaylorsville Approves Funding for Neighborworks Salt Lake · May 20, 2026UndisclosedCity of Murray, UtahBoard Discusses NeighborWorks 60/40 Loan Program · Aug 22, 2023UndisclosedCity of Murray, UtahAdditional $200,000 for NeighborWorks Down Payment Program Discussed · Aug 22, 2023City of Murray, UtahDiscussion of Additional Funding for NeighborWorks Down Payment Program · Aug 22, 2023UndisclosedCity of Murray, UtahNeighborWorks Proposes 12-Lot Tripp Lane Subdivision · Nov 17, 2022UndisclosedAll Neighborworks of Salt Lake contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Murray?

Neighborworks of Salt Lake was awarded this financial services contract by City of Murray, as recorded on August 22, 2023. The contract value is Approximately $1,000,000 (pending, not finalized).

How much is the Neighborworks of Salt Lake contract with City of Murray worth?

The Neighborworks of Salt Lake contract with City of Murray is valued at Approximately $1,000,000 (pending, not finalized), 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 Redevelopment Agency of Murray City Minutes August 2023 (Minutes), dated August 22, 2023 from City of Murray. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Neighborworks of Salt Lake hold?

Neighborworks of Salt Lake may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Murray currently buying?

Explore City of Murray's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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