Newport News Redevelopment & Housng Authority Awards $2,120,169 Loan Converted To Grant Contract to Brooks Crossing Grocery Store (June 2023)
Newport News Redevelopment & Housng AuthorityLocal Housing Authority · Newport News, VA- Disclosed value
- $2,120,169
- From meeting minutes
- Approved
- Jun 20, 2023
- Term
- 7 years
The 30-second brief
NNRHA converted a $2,120,169 loan to a grant for Brooks Crossing Grocery Store LLC after the project met all Community Benefit requirements in January 2023. The NMTC program required continuous operation of the assisted business for seven years.
Brooks Crossing Grocery Store holds this loan converted to grant contract with Newport News Redevelopment & Housng Authority. Its other public contracts on record include work for Northwestern Regional Housing Authority and The New Randleman Housing Authority.
Term as filed: 7 years.
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Contract details
- Contract type
- Loan Converted To Grant
- Amount
- $2,120,169
- Document date
- June 20, 2023
- Term
- 7 years
- Source document
- newport-news-redevelopment-housng-authority-meeting-minutes-2023-06-20_004.pdf (Meeting Minutes)
Brooks Crossing Grocery Store's other public contracts
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Questions about this contract
Who was awarded the loan converted to grant contract by Newport News Redevelopment & Housng Authority?
Brooks Crossing Grocery Store was awarded this loan converted to grant contract by Newport News Redevelopment & Housng Authority, as recorded on June 20, 2023. The contract value is $2,120,169.
How much is the Brooks Crossing Grocery Store contract with Newport News Redevelopment & Housng Authority worth?
The Brooks Crossing Grocery Store contract with Newport News Redevelopment & Housng Authority is valued at $2,120,169, covering loan converted to grant work.
What type of contract is this?
This is a Loan Converted To Grant contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in newport-news-redevelopment-housng-authority-meeting-minutes-2023-06-20_004.pdf (Meeting Minutes), dated June 20, 2023 from Newport News Redevelopment & Housng Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Brooks Crossing Grocery Store hold?
Brooks Crossing Grocery Store 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 Newport News Redevelopment & Housng Authority currently buying?
Explore Newport News Redevelopment & Housng Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.