FINANCIAL_SERVICESAPPROVED

City of Edmonton Awards Financial Services Contract to Soufi Holdings Company (June 2026)

Executive Committee will consider approving a grant funding agreement with Soufi Holdings Company for up to $1.7 million to build a 25-unit affordable apartment building in Boyle Street. The project will offer one-bedroom units at 75 percent of median market rents for 40 years, plus ground-floor community programming space.

Status
APPROVED
Document date
June 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Soufi Holdings Company
Agency
City of Edmonton · Canada

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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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $1,700,000
Contract type
FINANCIAL_SERVICES
Renewal
Grant agreement will require 40-year affordability; no subsequent renewal provisions are indicated.
Document type
AgendaPacket
Source document
Edmonton City Council AgendaPacket Executive Committee 2026-06-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Edmonton?

Soufi Holdings Company was awarded this financial services contract by City of Edmonton, as recorded on June 30, 2026. The contract value is Not to exceed $1,700,000.

How much is the Soufi Holdings Company contract with City of Edmonton worth?

The Soufi Holdings Company contract with City of Edmonton is valued at Not to exceed $1,700,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Edmonton City Council AgendaPacket Executive Committee 2026-06-30 (AgendaPacket), dated June 30, 2026 from City of Edmonton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Soufi Holdings Company hold?

Soufi Holdings Company 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 Soufi Holdings Company's profile

What is City of Edmonton currently buying?

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

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