Utah Housing Corporation Awards Financial Services Contract to Daybreak Affordable Phase I Apartments (June 2026)

Utah Housing Corporation approved Resolution 2026-14 authorizing a multifamily housing revenue note of up to $35.5 million for the Daybreak Affordable Phase I Apartments. The measure reissues tax-exempt bonds to shift from a Fannie Mae structure to a Freddie Mac tax-exempt bond program for permanent financing.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $35,500,000 (note principal)

Contract type

FINANCIAL_SERVICES

Renewal

Resolution 2026-14 authorizes reissuance of previously approved tax-exempt bonds to transition the permanent financing from a Fannie Mae structure to a Freddie Mac tax-exempt bond program.

Document type

Minutes

Source document

Utah Housing Corporation Minutes of Annual Board Meeting 2026-06-10

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Utah Housing Corporation?

Daybreak Affordable Phase I Apartments was awarded this financial services contract by Utah Housing Corporation, as recorded on June 10, 2026. The contract value is Not to exceed $35,500,000 (note principal).

How much is the Daybreak Affordable Phase I Apartments contract with Utah Housing Corporation worth?

The Daybreak Affordable Phase I Apartments contract with Utah Housing Corporation is valued at Not to exceed $35,500,000 (note principal), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Utah Housing Corporation Minutes of Annual Board Meeting 2026-06-10 (Minutes), dated June 10, 2026 from Utah Housing Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Daybreak Affordable Phase I Apartments hold?

Daybreak Affordable Phase I Apartments 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 Daybreak Affordable Phase I Apartments's profile

What is Utah Housing Corporation currently buying?

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

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