Developer Seeks $15M Bonds For Tyler Run Rehab

TTG Tyler Run Limited Partnership requested up to $15 million in Town-issued multifamily housing revenue bonds to renovate the 111-unit Tyler Run Apartments. Council reviewed an inducement resolution signaling preliminary support, with a public hearing and final bond approval to follow if the project advances.

Scope & details

The full contract record, as filed.

Contract amount

Multifamily housing revenue bonds not to exceed $15,000,000; construction budget over $85,000 per unit for 111 units

Contract type

FINANCIAL_SERVICES

Renewal

This is a new bond-financing request; final approval and bond issuance are contingent on future Council action and state volume cap allocation.

Document type

Minutes

Source document

Edenton Town Council Minutes 2026-05-26

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Edenton?

Ttg Tyler Run Limited Partnership was awarded this financial services contract by Town of Edenton, as recorded on May 26, 2026. The contract value is Multifamily housing revenue bonds not to exceed $15,000,000; construction budget over $85,000 per unit for 111 units.

How much is the Ttg Tyler Run Limited Partnership contract with Town of Edenton worth?

The Ttg Tyler Run Limited Partnership contract with Town of Edenton is valued at Multifamily housing revenue bonds not to exceed $15,000,000; construction budget over $85,000 per unit for 111 units, 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 Edenton Town Council Minutes 2026-05-26 (Minutes), dated May 26, 2026 from Town of Edenton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ttg Tyler Run Limited Partnership hold?

Ttg Tyler Run Limited Partnership 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 Ttg Tyler Run Limited Partnership's profile

What is Town of Edenton currently buying?

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