FINANCIAL_SERVICESAPPROVED

Connecticut Department of Housing Awards Financial Services Contract to Beacon Communities Services Llc (March 2026)

The Connecticut Housing Finance Authority approved up to $12 million in construction-to-permanent financing plus a $1 million additional loan to Beacon Communities Services LLC for the Avon Village affordable housing project. The financing, funded with tax-exempt bonds and housing funds, requires 40 years of income-restricted affordability.

Document date · March 19, 2026

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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
Loan up to $12,000,000; Additional Loan up to $1,000,000 (converts to approx. $8,010,000 permanent amount)
Contract type
FINANCIAL_SERVICES
Contract term
Construction Period: up to 10 months interest-only; Permanent Period: 40-year term with 40-year amortization; Additional Loan coterminous with Loan; close by December 31, 2026
Renewal date
2066-12-31
Renewal
Financing authorization expires if not closed by 2026-12-31 unless extended by the CEO upon good cause and payment of required extension fees.
Document type
Minutes
Source document
Connecticut Housing Finance Authority Board Meeting Minutes March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Connecticut Department of Housing?

Beacon Communities Services Llc was awarded this financial services contract by Connecticut Department of Housing, as recorded on March 19, 2026. The contract value is Loan up to $12,000,000; Additional Loan up to $1,000,000 (converts to approx. $8,010,000 permanent amount).

How much is the Beacon Communities Services Llc contract with Connecticut Department of Housing worth?

The Beacon Communities Services Llc contract with Connecticut Department of Housing is valued at Loan up to $12,000,000; Additional Loan up to $1,000,000 (converts to approx. $8,010,000 permanent amount), 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 Connecticut Housing Finance Authority Board Meeting Minutes March 2026 (Minutes), dated March 19, 2026 from Connecticut Department of Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Beacon Communities Services Llc hold?

Beacon Communities Services Llc 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 Beacon Communities Services Llc's profile

What is Connecticut Department of Housing currently buying?

Explore Connecticut Department of Housing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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