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City Forgives Interest in Pheasant Run Homes Rehab Loan

City of Columbus logoCity of Columbus
Disclosed value
Forgiveness of up to $838,648.00 in accrued and unpaid interest
From agenda
Document date
May 16, 2026

The 30-second brief

What it covers

The City will assign and modify HOME loan documents for the Pheasant Run rental development to Pheasant Run Homes Rehab, LLC and forgive up to $838,648.00 in accrued interest. This restructuring supports continued affordability and rehabilitation of the property.

Who holds it

Pheasant Run Homes Rehab LLC holds this financial services contract with City of Columbus.

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Contract details

Contract type
Financial Services
Amount
Forgiveness of up to $838,648.00 in accrued and unpaid interest
Document date
May 16, 2026
Vendor
Pheasant Run Homes Rehab LLC
Agency
City of Columbus
Source document
City of Columbus Council Meeting Agenda May 18, 2026 (Agenda)

Pheasant Run Homes Rehab LLC's other public contracts

City of Columbus, OhioHOME Loan Assigned to Pheasant Run Homes Rehab with Interest Forgiven · May 18, 2026UndisclosedCity of Columbus, OhioCity assigns and modifies HOME loan for Pheasant Run · May 18, 2026UndisclosedCity of Columbus, OhioHOME loan reassigned to Pheasant Run Homes Rehab with interest forgiven · May 18, 2026UndisclosedCity of Columbus, OhioHOME loan for Orono Pike project assigned to Pheasant Run Homes Rehab · May 18, 2026UndisclosedCity of Columbus, OhioPheasant Run Homes Rehab Assumes HOME Loan · May 18, 2026UndisclosedAll Pheasant Run Homes Rehab LLC contractsVendor profile

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Questions about this contract

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

Pheasant Run Homes Rehab LLC was awarded this financial services contract by City of Columbus, as recorded on May 16, 2026. The contract value is Forgiveness of up to $838,648.00 in accrued and unpaid interest.

How much is the Pheasant Run Homes Rehab LLC contract with City of Columbus worth?

The Pheasant Run Homes Rehab LLC contract with City of Columbus is valued at Forgiveness of up to $838,648.00 in accrued and unpaid interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Columbus Council Meeting Agenda May 18, 2026 (Agenda), dated May 16, 2026 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pheasant Run Homes Rehab LLC hold?

Pheasant Run Homes Rehab LLC 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 Columbus currently buying?

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

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