FINANCIAL_SERVICESONGOING

ACDS soft financing backs Obery Court I project

ACDS has extended a $1 million cash-flow loan at 2% interest to Obery Court I, supporting long-term affordability through 2051.

Document date · March 1, 2026

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Scope & details

The full contract record, as filed.

Contract amount
$1,000,000 outstanding principal as of 12/31/2025
Contract type
FINANCIAL_SERVICES
Contract term
Maturity date 3/6/2051; interest rate 2%
Renewal date
2051-03-06
Renewal
Loan matures 2051-03-06; may be subject to extension or modification then.
Document type
Report
Source document
HACA Executive Director Report March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Authority of the city of Annapolis?

ACDS was awarded this financial services contract by Housing Authority of the city of Annapolis, as recorded on March 1, 2026. The contract value is $1,000,000 outstanding principal as of 12/31/2025.

How much is the ACDS contract with Housing Authority of the city of Annapolis worth?

The ACDS contract with Housing Authority of the city of Annapolis is valued at $1,000,000 outstanding principal as of 12/31/2025, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in HACA Executive Director Report March 2026 (Report), dated March 1, 2026 from Housing Authority of the city of Annapolis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ACDS hold?

ACDS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Housing Authority of the city of Annapolis currently buying?

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