CONTRACTAPPROVED

Town of Wilmington Awards $4,000,000 Loan Contract to Wilmington Housing (September 2013)

Disclosed value: $4,000,000; From meeting minutes
Approved: Sep 5, 2013
Term: 3 years

What it covers

City Council approved a $4 million loan for the Wilmington Housing Partnership to finance the construction or rehabilitation of housing. The loan is expected to be repaid in three years, with proceeds from the sale of the homes being used to repay the loan. The project aims to revitalize blighted areas of the city and create sustainable neighborhoods.

Who holds it

Wilmington Housing holds this loan contract with Town of Wilmington. Its other public contracts on record include work for City of Wilmington and Delaware State Housing Authority.

What happens next

Term as filed: 3 years.

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Contract details

Contract type: Loan
Amount: $4,000,000
Document date: September 5, 2013
Term: 3 years
Vendor: Wilmington Housing
Agency: Town of Wilmington
Source document: town-of-wilmington-meeting-minutes-2013-09-05_9ec.pdf (Meeting Minutes)

Wilmington Housing's other public contracts

Town of Wilmington, KansasLease Agreement Approved with Wilmington Housing Authority · Jun 18, 2025Undisclosed City of Wilmington, North CarolinaLoan secures funding for affordable housing revitalization. · May 6, 2025$660K City of Wilmington, North CarolinaFunding for Wilmington Housing Authority Approved · Jan 21, 2025$660K Delaware State Housing Authority, DelawareImani Village III Receives Funding · Jul 10, 2024$238K Newark Housing Authority, DelawareLegal counsel services for nonprofit creation · Jan 10, 2024Undisclosed All Wilmington Housing contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Town of Wilmington?

Wilmington Housing was awarded this loan contract by Town of Wilmington, as recorded on September 5, 2013. The contract value is $4,000,000.

How much is the Wilmington Housing contract with Town of Wilmington worth?

The Wilmington Housing contract with Town of Wilmington is valued at $4,000,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-wilmington-meeting-minutes-2013-09-05_9ec.pdf (Meeting Minutes), dated September 5, 2013 from Town of Wilmington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Wilmington Housing hold?

Wilmington Housing 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 Town of Wilmington currently buying?

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

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