FINANCIAL_SERVICESAPPROVED

City of Redmond Awards $1,000,000 Financial Services Contract to Bellwether Housing (May 2026)

The City of Redmond will accept a $1,000,000 Connecting Housing to Infrastructure Program grant and enter into a contract with Bellwether Housing to cover King County sewer capacity fees for the Bellwether Prisma affordable housing project. The underlying Commerce agreement runs through June 30, 2027 and requires long-term affordability and security on the property.

Status
APPROVED
Document date
May 5, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bellwether Housing
Agency
City of Redmond · WA

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Through June 30, 2027, subject to reappropriation; 25-year affordability and security period from project completion/occupancy
Renewal date
2027-06-30
Renewal
Commerce capital agreement 26-96330-108 is effective July 1, 2025–June 30, 2027, subject to legislative reappropriation; it is secured by a deed of trust and 25-year affordability covenant on the improved property. Any future extensions or reappropriations would require Commerce approval and potentially a contract amendment.
Document type
AgendaPacket
Source document
City of Redmond Business Meeting Agenda Packet May 5 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 City of Redmond?

Bellwether Housing was awarded this financial services contract by City of Redmond, as recorded on May 5, 2026. The contract value is $1,000,000.

How much is the Bellwether Housing contract with City of Redmond worth?

The Bellwether Housing contract with City of Redmond is valued at $1,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Redmond Business Meeting Agenda Packet May 5 2026 (AgendaPacket), dated May 5, 2026 from City of Redmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bellwether Housing hold?

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

View Bellwether Housing's profile

What is City of Redmond currently buying?

Explore City of Redmond's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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