Housing Authority of the city of ATLANTA Georgia Awards $16,500,000 Loan Contract to Herndon Homes Phase Ii (July 2023)
Housing Authority of the city of ATLANTA GeorgiaLocal Housing Authority · Atlanta, GA- Disclosed value
- $16,500,000
- From resolution
- Approved
- Jul 26, 2023
- Term
- 43 years
The 30-second brief
AH will provide a second priority construction to permanent loan in an amount not to exceed $16,500,000 with a construction period of thirty-six months and a permanent period of 40 years with a total term of forty-three years. The proceeds of the AH Second Priority Loan will be used to fund an estimated $2,235,250 of public infrastructure costs and $14,264,750 of vertical construction costs.
Herndon Homes Phase Ii holds this loan contract with Housing Authority of the city of ATLANTA Georgia. Its other public contracts on record include work for city OF ATLANTA, Dept. of Housing and Community Development.
Term as filed: 43 years.
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Contract details
- Contract type
- Loan
- Amount
- $16,500,000
- Document date
- July 26, 2023
- Term
- 43 years
- Vendor
- Herndon Homes Phase Ii
- Source document
- housing-authority-of-the-city-of-atlanta-resolution-23-34-july-26-2023_0e3.pdf (Resolution)
Herndon Homes Phase Ii's other public contracts
More Housing Authority of the city of ATLANTA Georgia contracts
Questions about this contract
Who was awarded the loan contract by Housing Authority of the city of ATLANTA Georgia?
Herndon Homes Phase Ii was awarded this loan contract by Housing Authority of the city of ATLANTA Georgia, as recorded on July 26, 2023. The contract value is $16,500,000.
How much is the Herndon Homes Phase Ii contract with Housing Authority of the city of ATLANTA Georgia worth?
The Herndon Homes Phase Ii contract with Housing Authority of the city of ATLANTA Georgia is valued at $16,500,000, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a resolution record.
Where was this contract approved?
This contract appears in housing-authority-of-the-city-of-atlanta-resolution-23-34-july-26-2023_0e3.pdf (Resolution), dated July 26, 2023 from Housing Authority of the city of ATLANTA Georgia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Herndon Homes Phase Ii hold?
Herndon Homes Phase Ii 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 the city of ATLANTA Georgia currently buying?
Explore Housing Authority of the city of ATLANTA Georgia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.