City of Alexandria Awards Loan Contract to Alexandria Housing Development (June 2008)
City of AlexandriaCity · Alexandria, VA- Disclosed value
- $1.9 million
- From meeting minutes
- Approved
- Jun 24, 2008
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THE 30-SECOND BRIEF
City Council has allocated up to $1.5 million for The Station at Potomac Yard residential project, utilizing additional monies from Potomac Yard Development, LLC (PYD) pledged housing contribution for Potomac Yard, and authorized a loan of $1.5 million to the Alexandria Housing Development Corporation (AHDC) to repay the $1.5 million loan from future project income; and 2. within the City General Fund fund balance previously designated for to-be-determined FY 2010 CIP projects, designate $1.6 million for the Potomac Yard Fire Station project, and authorized the City Manager to negotiate and execute a loan agreement with the AHDC for $0.4 million (the additional costs of the fire station improvements related to the above residential use) to repay the $0.4 million loan from future project income
Alexandria Housing Development holds this loan contract with City of Alexandria. Its other public contracts on record include work for Alexandria village.
Contract details
- Contract type
- Loan
- Amount
- $1.9 million
- Document date
- June 24, 2008
- Term
- NA
- Agency
- City of Alexandria
- Source document
- city-of-alexandria-meeting-minutes-2008-06-24_f29.txt (Meeting Minutes)
Alexandria Housing Development's other public contracts
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Questions about this contract
Who was awarded the loan contract by City of Alexandria?
Alexandria Housing Development was awarded this loan contract by City of Alexandria, as recorded on June 24, 2008. The contract value is $1.9 million.
How much is the Alexandria Housing Development contract with City of Alexandria worth?
The Alexandria Housing Development contract with City of Alexandria is valued at $1.9 million, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-alexandria-meeting-minutes-2008-06-24_f29.txt (Meeting Minutes), dated June 24, 2008 from City of Alexandria. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Alexandria Housing Development hold?
Alexandria Housing Development 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 City of Alexandria currently buying?
Explore City of Alexandria's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.