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Illinois Housing Development Authority Awards $25,445,000 Financing Contract to CITIBANK (November 2025)

Illinois Housing Development Authority logoIllinois Housing Development Authority
Disclosed value
$25,445,000
From minutes
Approved
Nov 21, 2025

The 30-second brief

What it covers

Citibank to privately place $25,445,000 in Multifamily Housing Revenue Notes for Harry Poe Manor acquisition and rehabilitation, with long and short term maturities.

Who holds it

CITIBANK holds this financing contract with Illinois Housing Development Authority. Its other public contracts on record include work for Castro Valley Sanitary District and Washington State Housing Finance Commission.

What happens next

Term as filed: Series 2026A final maturity no later than January 1, 2066; Series 2026B final maturity no later than January 1, 2030.

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Contract details

Contract type
Financing
Amount
$25,445,000
Document date
November 21, 2025
Term
Series 2026A final maturity no later than January 1, 2066; Series 2026B final maturity no later than January 1, 2030
Vendor
CITIBANK
Agency
Illinois Housing Development Authority
Source document
illinois_housing_development_authority_finance_com.pdf (Minutes)

CITIBANK's other public contracts

Castro Valley Sanitary District, CaliforniaCVSan Reinvests $250,000 CD With Citibank · Oct 20, 2026$250KWashington State Housing Finance Commission, WashingtonCitibank Commits $38.5 Million For NoDo Project · Sep 24, 2026Washington State Housing Finance Commission, WashingtonCitibank Commits $10 Million For Greenwood Project · Sep 24, 2026City of Winter Park, FloridaCitibank Provides Construction Loan for Dulce Vida · Sep 22, 2026Florida Housing Finance Corporation, FloridaCitibank Term Loan Supported Guarantee Program Restructuring · Sep 21, 2026$156.2 millionAll CITIBANK contractsVendor profile

More Illinois Housing Development Authority contracts

Renaissance Saint LukeIHDA amends loan terms for Renaissance Saint Luke · Apr 17, 2026UndisclosedRoosevelt School ApartmentTrust Fund Loan modified for Roosevelt School Apartment · Apr 17, 2026UndisclosedWells Fargo Bank National AssociationWells Fargo to underwrite Sandwich Manor bonds · Apr 17, 2026UndisclosedLafayette ApartmentsAdditional Bonds Sought for Lafayette Apartments Project · Apr 17, 2026Dupage & Chicago South Suburbs Habitat for HumanityState tax credits awarded for Park Forest 2026 · Apr 17, 2026All Illinois Housing Development Authority activityAgency profile

Questions about this contract

Who was awarded the financing contract by Illinois Housing Development Authority?

CITIBANK was awarded this financing contract by Illinois Housing Development Authority, as recorded on November 21, 2025. The contract value is $25,445,000.

How much is the CITIBANK contract with Illinois Housing Development Authority worth?

The CITIBANK contract with Illinois Housing Development Authority is valued at $25,445,000, covering financing work.

What type of contract is this?

This is a Financing contract, documented as a minutes record.

Where was this contract approved?

This contract appears in illinois_housing_development_authority_finance_com.pdf (Minutes), dated November 21, 2025 from Illinois Housing Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does CITIBANK hold?

CITIBANK 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 Illinois Housing Development Authority currently buying?

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

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