CONTRACTAPPROVED

Housing Authority of the county of Wake Awards Construction Contract to Reuter Walton Development LLC (June 2024)

Housing Authority of the county of Wake logoHousing Authority of the county of Wake
Disclosed value
Estimated not to exceed $36,000,000 (bonds to finance acquisition, construction, and equipping; total project approx. $70,000,000)
From meeting minutes
Approved
Jun 27, 2024

The 30-second brief

What it covers

The Raleigh Housing Authority Board approved a preliminary inducement resolution authorizing the issuance of up to $36 million in multifamily housing revenue bonds to Reuter Walton Development LLC for construction and equipping of the 224-unit Garner Apartments at 1420 Garner Road. Bonds are non-recourse and support a $70 million total project.

Who holds it

Reuter Walton Development LLC holds this construction contract with Housing Authority of the county of Wake. Its other public contracts on record include work for SCOTT county COMMUNITY DEVELOPMENT AGENCY and City of St. Paul.

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Contract details

Contract type
Construction
Amount
Estimated not to exceed $36,000,000 (bonds to finance acquisition, construction, and equipping; total project approx. $70,000,000)
Document date
June 27, 2024
Source document
housing-authority-of-the-county-of-wakemeeting-minutes2024-06-27_08c.pdf (Meeting Minutes)

Reuter Walton Development LLC's other public contracts

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Questions about this contract

Who was awarded the construction contract by Housing Authority of the county of Wake?

Reuter Walton Development LLC was awarded this construction contract by Housing Authority of the county of Wake, as recorded on June 27, 2024. The contract value is Estimated not to exceed $36,000,000 (bonds to finance acquisition, construction, and equipping; total project approx. $70,000,000).

How much is the Reuter Walton Development LLC contract with Housing Authority of the county of Wake worth?

The Reuter Walton Development LLC contract with Housing Authority of the county of Wake is valued at Estimated not to exceed $36,000,000 (bonds to finance acquisition, construction, and equipping; total project approx. $70,000,000), covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in housing-authority-of-the-county-of-wakemeeting-minutes2024-06-27_08c.pdf (Meeting Minutes), dated June 27, 2024 from Housing Authority of the county of Wake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Reuter Walton Development LLC hold?

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

What is Housing Authority of the county of Wake currently buying?

Explore Housing Authority of the county of Wake's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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