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Newport to Finance NXG Holdings with $5M Bonds

Housing Authority of Newport
Disclosed value
$5,000,000
From agenda
Document date
Oct 20, 2025
Term
30 years

The 30-second brief

What it covers

City of Newport is set to authorize $5,000,000 in Taxable Industrial Building Revenue Bonds for NXG Holdings, LLC, facilitating the acquisition, construction, and equipping of a commercial office facility.

Who holds it

Nxg Holdings holds this bond financing contract with Housing Authority of Newport. Its other public contracts on record include work for City of Newport.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Bond Financing
Amount
$5,000,000
Document date
October 20, 2025
Term
30 years
Vendor
Nxg Holdings
Agency
Housing Authority of Newport
Source document
newport_board_of_commissioners_meeting_agenda_oct.pdf (Agenda)

Nxg Holdings's other public contracts

City of Newport, KentuckyNewport approves $5M bond for NXG Holdings · May 19, 2025$5MHousing Authority of Newport, KentuckyNXG Holdings Gets Green Light for $5M Expansion · May 19, 2025$5MAll Nxg Holdings contractsVendor profile

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Questions about this contract

Who was awarded the bond financing contract by Housing Authority of Newport?

Nxg Holdings was awarded this bond financing contract by Housing Authority of Newport, as recorded on October 20, 2025. The contract value is $5,000,000.

How much is the Nxg Holdings contract with Housing Authority of Newport worth?

The Nxg Holdings contract with Housing Authority of Newport is valued at $5,000,000, covering bond financing work.

What type of contract is this?

This is a Bond Financing contract, documented as a agenda record.

Where was this contract approved?

This contract appears in newport_board_of_commissioners_meeting_agenda_oct.pdf (Agenda), dated October 20, 2025 from Housing Authority of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Nxg Holdings hold?

Nxg Holdings 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 Housing Authority of Newport currently buying?

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

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