Foxtail Glen Apartments get $30M Revenue Bonds
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Description
RHA approves inducement resolution for up to $30 million in multifamily housing revenue bonds for Foxtail Glen Apartments, with Greenway Housing Development as the developer. The bonds are non-recourse, and RHA is not financially responsible if the developer defaults.
Contract Details
Contract Amount
$30,000,000
Vendor
GREENWAY HOUSING
Agency
Housing Authority of the county of Wake, NC
Contract Type
Revenue Bonds
Document Date
June 26, 2025
Contract Term
NA
Issuing Agency
Local Housing Authority
Zebulon, NC
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