CONTRACT

Loudon County issues 35 million bond for school

Loudon Housing Authority
Disclosed value
$35,000,000.00
From agenda
Document date
Aug 4, 2025
Term
30 years

The 30-second brief

What it covers

Loudon County issues $35 million in rural school bonds for new construction and improvements, with a premium of $855,505.00. Bonds mature over 30 years, interest rate 4.4195045%.

Who holds it

Cumberland Securities holds this bond issuance contract with Loudon Housing Authority. Its other public contracts on record include work for City of Fairview and City of Athens.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Bond Issuance
Amount
$35,000,000.00
Document date
August 4, 2025
Term
30 years
Source document
loudon-county-commission-meeting-agenda-august-4-2025_c8c.pdf (Agenda)

Cumberland Securities's other public contracts

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Questions about this contract

Who was awarded the bond issuance contract by Loudon Housing Authority?

Cumberland Securities was awarded this bond issuance contract by Loudon Housing Authority, as recorded on August 4, 2025. The contract value is $35,000,000.00.

How much is the Cumberland Securities contract with Loudon Housing Authority worth?

The Cumberland Securities contract with Loudon Housing Authority is valued at $35,000,000.00, covering bond issuance work.

What type of contract is this?

This is a Bond Issuance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in loudon-county-commission-meeting-agenda-august-4-2025_c8c.pdf (Agenda), dated August 4, 2025 from Loudon Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cumberland Securities hold?

Cumberland Securities 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 Loudon Housing Authority currently buying?

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

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