Housing Authority of the county of Wake Awards Financial Services Contract to Federal Home Loan Mortgage Corporation (October 2023)
Housing Authority of the county of WakeLocal Housing Authority · Zebulon, NC- Disclosed value
- Up to $30,000,000 (purchase of construction note)
- From meeting minutes
- Approved
- Oct 26, 2023
The 30-second brief
Freddie Mac will provide long-term financing for the Birch and Branch Apartments, acquiring the note after construction completion and project stabilization.
Federal Home Loan Mortgage Corporation holds this financial services contract with Housing Authority of the county of Wake. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Town of Danville.
Term as filed: Permanent conversion after project reaches stabilization (estimated late 2025).
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- Up to $30,000,000 (purchase of construction note)
- Document date
- October 26, 2023
- Term
- Permanent conversion after project reaches stabilization (estimated late 2025)
- Source document
- housing-authority-of-the-county-of-wakemeeting-minutes2023-10-26_408.pdf (Meeting Minutes)
Federal Home Loan Mortgage Corporation's other public contracts
More Housing Authority of the county of Wake contracts
Questions about this contract
Who was awarded the financial services contract by Housing Authority of the county of Wake?
Federal Home Loan Mortgage Corporation was awarded this financial services contract by Housing Authority of the county of Wake, as recorded on October 26, 2023. The contract value is Up to $30,000,000 (purchase of construction note).
How much is the Federal Home Loan Mortgage Corporation contract with Housing Authority of the county of Wake worth?
The Federal Home Loan Mortgage Corporation contract with Housing Authority of the county of Wake is valued at Up to $30,000,000 (purchase of construction note), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in housing-authority-of-the-county-of-wakemeeting-minutes2023-10-26_408.pdf (Meeting Minutes), dated October 26, 2023 from Housing Authority of the county of Wake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Federal Home Loan Mortgage Corporation hold?
Federal Home Loan Mortgage Corporation 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 county of Wake currently buying?
Explore Housing Authority of the county of Wake's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.