FINANCIAL_SERVICESAPPROVED

HOUSING AUTHORITY OF THE county OF ERIE Awards Financial Services Contract to Centennial Mortgage Inc (December 2023)

Centennial Mortgage, Inc. provided a $5,355,800 mortgage to the Housing Authority for the RAD conversion, with escrow reserves held as required by HUD as of December 31, 2023. The loan matures in 2058 and supports long-term rehabilitation of public housing assets.

Document date · December 31, 2023

Track HOUSING AUTHORITY OF THE county OF ERIE contracts

Get alerts when new contracts are awarded or existing ones approach renewal at HOUSING AUTHORITY OF THE county OF ERIE.

Get started free

Create a free account · no credit card

Trusted by teams at

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
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
$5,355,800 (original mortgage amount); $4,283,606 (escrow reserves as of Dec 31, 2023)
Contract type
FINANCIAL_SERVICES
Contract term
Mortgage dated November 7, 2023, matures 2058 (35 years)
Renewal date
2058-11-07
Renewal
RAD contract provides 20-year term with an option for additional 20-year renewal; mortgage matures in 2058.
Document type
Report
Source document
housing-authority-of-the-county-of-eriereport2023-12-31_21a.pdf

Related contracts

Other contracts from Centennial Mortgage Inc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by HOUSING AUTHORITY OF THE county OF ERIE?

Centennial Mortgage Inc was awarded this financial services contract by HOUSING AUTHORITY OF THE county OF ERIE, as recorded on December 31, 2023. The contract value is $5,355,800 (original mortgage amount); $4,283,606 (escrow reserves as of Dec 31, 2023).

How much is the Centennial Mortgage Inc contract with HOUSING AUTHORITY OF THE county OF ERIE worth?

The Centennial Mortgage Inc contract with HOUSING AUTHORITY OF THE county OF ERIE is valued at $5,355,800 (original mortgage amount); $4,283,606 (escrow reserves as of Dec 31, 2023), 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 housing-authority-of-the-county-of-eriereport2023-12-31_21a.pdf (Report), dated December 31, 2023 from HOUSING AUTHORITY OF THE county OF ERIE. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Centennial Mortgage Inc hold?

Centennial Mortgage Inc 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 Centennial Mortgage Inc's profile

What is HOUSING AUTHORITY OF THE county OF ERIE currently buying?

Explore HOUSING AUTHORITY OF THE county OF ERIE's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View HOUSING AUTHORITY OF THE county OF ERIE's profile