CONTRACTAPPROVED

city OF ATLANTA, Dept. of Housing and Community Development Awards $650,375 Loan Contract to Rdp Eq Affordable Developer (March 2023)

city OF ATLANTA, Dept. of Housing and Community Development logocity OF ATLANTA, Dept. of Housing and Community Development
Disclosed value
$650,375
From resolution
Approved
Mar 22, 2023
Term
18 months

The 30-second brief

What it covers

Predevelopment loan of $650,375 to RDP EQ Affordable Developer, LLC for Sylvan Hills II, a mixed-income rental development. Loan must be repaid within 18 months of the first draw disbursement or at financial closing. The loan will be at 0% interest.

Who holds it

Rdp Eq Affordable Developer holds this loan contract with city OF ATLANTA, Dept. of Housing and Community Development. Its other public contracts on record include work for Housing Authority of the city of ATLANTA Georgia.

What happens next

Term as filed: 18 months.

See who signed off on this $650.4K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Loan
Amount
$650,375
Document date
March 22, 2023
Term
18 months
Source document
atlanta-housing-resolution-23-10-sylvan-hills-ii-predevelopment-loan-march-22-2023_2a2.pdf (Resolution)

Rdp Eq Affordable Developer's other public contracts

More city OF ATLANTA, Dept. of Housing and Community Development contracts

Questions about this contract

Who was awarded the loan contract by city OF ATLANTA, Dept. of Housing and Community Development?

Rdp Eq Affordable Developer was awarded this loan contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on March 22, 2023. The contract value is $650,375.

How much is the Rdp Eq Affordable Developer contract with city OF ATLANTA, Dept. of Housing and Community Development worth?

The Rdp Eq Affordable Developer contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at $650,375, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a resolution record.

Where was this contract approved?

This contract appears in atlanta-housing-resolution-23-10-sylvan-hills-ii-predevelopment-loan-march-22-2023_2a2.pdf (Resolution), dated March 22, 2023 from city OF ATLANTA, Dept. of Housing and Community Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Rdp Eq Affordable Developer hold?

Rdp Eq Affordable Developer 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 ATLANTA, Dept. of Housing and Community Development currently buying?

Explore city OF ATLANTA, Dept. of Housing and Community Development's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →