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Lafourche Parish Housing Authority Awards $22,000,000 Bonds Purchase Contract to Cedar Rapids Bank & Trust (June 2025)

Lafourche Parish Housing Authority
Disclosed value
$22,000,000
From resolution
Approved
Jun 11, 2025
Term
40 years

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THE 30-SECOND BRIEF

What it covers

Cedar Rapids Bank and Trust Company approved to purchase $22,000,000 in Multifamily Housing Revenue Bonds for the 4100 Bywater project in New Orleans. The bonds have a 40-year maturity and an interest rate not exceeding 10%.

Who holds it

Cedar Rapids Bank & Trust holds this bonds purchase contract with Lafourche Parish Housing Authority. Its other public contracts on record include work for Iowa Finance Authority and City of Tower.

What happens next

Term as filed: 40 years.

Contract details

Contract type
Bonds Purchase
Amount
$22,000,000
Document date
June 11, 2025
Term
40 years
Vendor
Cedar Rapids Bank & Trust
Agency
Lafourche Parish Housing Authority
Source document
lafourche-parish-housing-authorityresolution2025-06-11_6a3.pdf (Resolution)

Cedar Rapids Bank & Trust's other public contracts

Iowa Finance Authority, IowaCedar Rapids Bank Identified in Initial Bond Application · Oct 7, 2026UndisclosedCity of Tower, MinnesotaTower Pays Bank $7,395 in Hoodoo Bond Interest · Sep 14, 2026$7.4KWashington State Housing Finance Commission, WashingtonCedar Rapids Bank & Trust backs Harbor Pines bond issue · Jul 15, 2026State Fair Community College, MissouriOlen Howard Center financing with Cedar Rapids Bank & Trust · Jun 25, 2026$542.5KWashington State Housing Finance Commission, WashingtonCedar Rapids Bank & Trust finances Harbor Pines build · May 14, 2026UndisclosedAll Cedar Rapids Bank & Trust contractsVendor profile

More Lafourche Parish Housing Authority contracts

Boston Capital Finance$16M bond contract awarded to Boston Capital · Jun 11, 2025$16MNA$125M Bond Sale Approved for Housing Mortgages · Jun 11, 2025$125MBywater Housing Partners$22M Revenue Bonds approved for Bywater Housing · Jun 11, 2025$22MBoston Capital Finance$16M Revenue Bonds approved for Touro Shakspeare · Jun 11, 2025$16MCedar Rapids Bank & TrustBank to purchase bonds for housing project · Jun 11, 2025UndisclosedAll Lafourche Parish Housing Authority activityAgency profile

Questions about this contract

Who was awarded the bonds purchase contract by Lafourche Parish Housing Authority?

Cedar Rapids Bank & Trust was awarded this bonds purchase contract by Lafourche Parish Housing Authority, as recorded on June 11, 2025. The contract value is $22,000,000.

How much is the Cedar Rapids Bank & Trust contract with Lafourche Parish Housing Authority worth?

The Cedar Rapids Bank & Trust contract with Lafourche Parish Housing Authority is valued at $22,000,000, covering bonds purchase work.

What type of contract is this?

This is a Bonds Purchase contract, documented as a resolution record.

Where was this contract approved?

This contract appears in lafourche-parish-housing-authorityresolution2025-06-11_6a3.pdf (Resolution), dated June 11, 2025 from Lafourche Parish Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cedar Rapids Bank & Trust hold?

Cedar Rapids Bank & Trust 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 Lafourche Parish Housing Authority currently buying?

Explore Lafourche Parish Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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