Bank of America Loan Extension and Amendment Approved
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Description
The Board approved a one-year extension and a renegotiated amendment to the Grace Bridge Loan agreement with Bank of America. The action was taken to address overly restrictive terms in the original loan agreement.
Contract Details
Vendor
BANK OF AMERICA
Agency
HOUSING AUTHORITY OF THE city OF CHARLESTON, SC
Contract Type
FINANCIAL_SERVICES
Document Date
January 26, 2026
Contract Term
one-year extension (approved December 30, 2025)
Renewal Date
2026-12-30
Renewal Info
One-year extension approved; extension, amendment negotiated per Board direction December 2025.
More from BANK OF AMERICA
Issuing Agency
Local Housing Authority
Charleston, SC
More from HOUSING AUTHORITY OF THE city OF CHARLESTON
Housing Authority of the City of Charleston Special Board Meeting Agenda March 2026
Housing Authority of the City of Charleston Annual Board Meeting Minutes January 2026
Housing Authority of the City of Charleston Annual Board Meeting Minutes January 2026
Housing Authority of the City of Charleston Annual Board Meeting Minutes January 2026
Housing Authority of the City of Charleston Annual Board Meeting Minutes January 2026
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