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Brighton Housing Authority to get $1M loan

City of Brighton logoCity of Brighton
Disclosed value
$1,000,000
From agenda
Document date
Aug 7, 2025
Term
24 months

The 30-second brief

What it covers

Brighton Housing Authority to get a loan up to $1,000,000 from Impact Development Fund to finance the pre-development of a 46-unit affordable apartment project in Brighton. The loan term is up to 24 months with an interest rate of 6.50%.

Who holds it

Impact Development holds this loan contract with City of Brighton. Its other public contracts on record include work for Town of Monrovia and City of Glenwood Springs.

What happens next

Term as filed: 24 months.

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Contract details

Contract type
Loan
Amount
$1,000,000
Document date
August 7, 2025
Term
24 months
Vendor
Impact Development
Agency
City of Brighton
Source document
city-of-brighton-housing-authority-board-meeting-agenda-august-7-2025_b9f.pdf (Agenda)

Impact Development's other public contracts

Town of Monrovia, IndianaRezoning Action on Eagle Pointe for Impact Dev. · Mar 24, 2026UndisclosedCity of Glenwood Springs, ColoradoCity Ends Housing Program Administered by Impact Development · Mar 5, 2026UndisclosedDivision of Housing, ColoradoImpact Development Fund recommended $12M AHOP grant · Nov 4, 2025$12MCity of Brighton, AlabamaIDF Provides $1M Pre-Development Loan for Ravenfield · Aug 7, 2025$1MCity of Brighton, ColoradoLoan approved for Ravenfield Project from Impact Fund · Aug 7, 2025UndisclosedAll Impact Development contractsVendor profile

More City of Brighton contracts

NELRODBrighton Uses Nelrod Software for Rent Reviews · Oct 8, 2026UndisclosedRENTCAFEBrighton Includes RentCafe in Proposed Technology Budget · Oct 8, 2026UndisclosedNational Equity Fund IncBrighton Housing Authority Continues Hughes Station Partnership · Oct 8, 2026UndisclosedYARDIBrighton Records Annual Yardi Software Expense · Oct 8, 2026$22.9KD2c Architects IncBrighton Considers 179D Allocation to D2C Architects · Oct 5, 2026UndisclosedAll City of Brighton activityAgency profile

Questions about this contract

Who was awarded the loan contract by City of Brighton?

Impact Development was awarded this loan contract by City of Brighton, as recorded on August 7, 2025. The contract value is $1,000,000.

How much is the Impact Development contract with City of Brighton worth?

The Impact Development contract with City of Brighton is valued at $1,000,000, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-brighton-housing-authority-board-meeting-agenda-august-7-2025_b9f.pdf (Agenda), dated August 7, 2025 from City of Brighton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Impact Development hold?

Impact Development 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 Brighton currently buying?

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

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