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Loanpending

ha-of-king-county-agenda-2025-05-19_5bc.pdf

King County Housing Authority lends 3 million to MHCP

$3,000,000HA OF KING countyMHCPMay 19, 2025

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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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

KCHA to make an interim revolving loan to MHCP in the amount of up to $3 million to finance the purchase and installation of the manufactured homes and this process is anticipated to take between 18-24 months.

Contract Details

Contract Amount

$3,000,000

Vendor

MHCP

Agency

HA OF KING county, WA

Contract Type

Loan

Document Date

May 19, 2025

Contract Term

18-24 months

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