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FINANCIAL_SERVICESAPPROVED

City of Camden City Council Regular Meeting Agenda Packet 2026-06-11

Camden Approves HUD Section 108 Loan Agreement

City of CamdenUNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTJune 11, 2026

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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

Description

Camden City Council authorized a Section 108 Loan Guarantee Assistance contract with the U.S. Department of Housing and Urban Development to finance the Firehouse Rehabilitation and Fleet Replacement Initiative. The resolution does not specify the loan amount or term.

Contract Details

Vendor

UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Agency

City of Camden, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

June 11, 2026

Renewal Info

Federal loan guarantee assistance agreement; typical Section 108 loans have multiyear repayment but no renewals in the usual sense.

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