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housing-authority-of-the-city-of-raleigh-meeting-minutes-july-24-2025_05b.pdf

South Creek Development Receives $16.2M Bond Approval

$16,200,000Housing Authority of the city of RaleighSOUTH CREEK DEVELOPMENTJuly 24, 2025

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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

Description

Inducement resolution for up to $16.2 million in multifamily housing revenue bonds for Eagle Trace located at 200 Diversity Way in Raleigh. South Creek Development is the developer, with RHA acting as the issuer.

Contract Details

Contract Amount

$16,200,000

Vendor

SOUTH CREEK DEVELOPMENT

Agency

Housing Authority of the city of Raleigh, NC

Contract Type

Construction

Document Date

July 24, 2025

Contract Term

NA

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