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City invests $15 million with Virginia Investment Pool

Franklin Redevelopment and Housing Authority logoFranklin Redevelopment and Housing Authority
Disclosed value
$15,000,000
From agenda
Document date
Mar 10, 2025

The 30-second brief

What it covers

The City invests $15 million idle funds with VIP (Virginia Investment Pool), earning 4.49%.

Who holds it

Virginia Investment Pool holds this investment contract with Franklin Redevelopment and Housing Authority. Its other public contracts on record include work for Pulaski County and King William County.

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Contract details

Contract type
Investment
Amount
$15,000,000
Document date
March 10, 2025
Term
NA
Vendor
Virginia Investment Pool
Agency
Franklin Redevelopment and Housing Authority
Source document
franklin-redevelopment-and-housing-authority-agenda-2025-03-10_a84.pdf (Agenda)

Virginia Investment Pool's other public contracts

Pulaski County, VirginiaTreasurer Reports Virginia Investment Pool Account · Sep 22, 2026King William County, VirginiaCounty Utilizes Virginia Investment Pool for Investments · Aug 24, 2026UndisclosedKing William County, VirginiaCounty Continues Investments In Virginia Investment Pool · Jul 27, 2026UndisclosedPrince Edward County, VirginiaCounty Maintains $13.3M in Virginia Investment Pool · Jul 14, 2026Town of Keysville, VirginiaKeysville Reviews Virginia Investment Pool Option · Jul 13, 2026UndisclosedAll Virginia Investment Pool contractsVendor profile

More Franklin Redevelopment and Housing Authority contracts

Virginia Risk Sharing AssociationFranklin City received $2k grant for Replacing furniture. · Mar 24, 2025$2.1KTower VenturesFranklin considers purchasing Pretlow Communication Tower from Tower Ventures · Mar 24, 2025$125KArbor Day FoundationFranklin gets $26k Grant for planting trees · Mar 24, 2025$26.3KVirginia Auction CompanyTreasurer's Office uses Virginia Auction Company · Mar 10, 2025UndisclosedJason a DunnWorking with Jason A. Dunn for tax sales · Mar 10, 2025UndisclosedAll Franklin Redevelopment and Housing Authority activityAgency profile

Questions about this contract

Who was awarded the investment contract by Franklin Redevelopment and Housing Authority?

Virginia Investment Pool was awarded this investment contract by Franklin Redevelopment and Housing Authority, as recorded on March 10, 2025. The contract value is $15,000,000.

How much is the Virginia Investment Pool contract with Franklin Redevelopment and Housing Authority worth?

The Virginia Investment Pool contract with Franklin Redevelopment and Housing Authority is valued at $15,000,000, covering investment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in franklin-redevelopment-and-housing-authority-agenda-2025-03-10_a84.pdf (Agenda), dated March 10, 2025 from Franklin Redevelopment and Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Virginia Investment Pool hold?

Virginia Investment Pool 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 Franklin Redevelopment and Housing Authority currently buying?

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

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