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FINANCIAL_SERVICESAPPROVED

Housing Authority of the City of Columbia, Missouri AgendaPacket Board of Commissioners Meeting 2026-05-20

CHA Increases Line of Credit with First Mid Bank

Line of credit up to $587,000Housing Authority of the city of Columbia, MOFIRST MID BANK & TRUSTMay 20, 2026

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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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Board approved Resolution 3018 to increase the Columbia Housing Authority’s line of credit with First Mid Bank and Trust to $587,000. The expanded credit facility will bridge cash flow for capital projects like the Bear Creek roof replacement until reimbursements are received from Boone County.

Contract Details

Contract Amount

Line of credit up to $587,000

Vendor

FIRST MID BANK & TRUST

Agency

Housing Authority of the city of Columbia, MO, MO

Contract Type

FINANCIAL_SERVICES

Document Date

May 20, 2026

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