Pennsylvania Housing Finance Agency Awards Financial Services Contract to Orbach Affordable Housing Solutions LLC (October 2025)
- Disclosed value
- Not to exceed $24,000,000 (indirect, via affiliate Lighthouse Sandy Hill, LLC)
- From minutes
- Approved
- Oct 9, 2025
The 30-second brief
PHFA’s $24 million Sandy Hill Terrace bond authorization allows borrowing by Lighthouse Sandy Hill, LLC or another affiliate of Orbach Affordable Housing Solutions LLC. The sponsor will use the financing to acquire and rehabilitate affordable senior housing in Norristown.
Orbach Affordable Housing Solutions LLC holds this financial services contract with Pennsylvania Housing Finance Agency. Its other public contracts on record include work for Sacramento County and Morristown Housing Authority.
Term as filed: Up to 20 years after bond issuance; commitment to serve low income tenants for at least 35 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $24,000,000 (indirect, via affiliate Lighthouse Sandy Hill, LLC)
- Document date
- October 9, 2025
- Term
- Up to 20 years after bond issuance; commitment to serve low income tenants for at least 35 years
- Source document
- pennsylvania_housing_finance_agency_board_meeting.pdf (Minutes)
Orbach Affordable Housing Solutions LLC's other public contracts
More Pennsylvania Housing Finance Agency contracts
Questions about this contract
Who was awarded the financial services contract by Pennsylvania Housing Finance Agency?
Orbach Affordable Housing Solutions LLC was awarded this financial services contract by Pennsylvania Housing Finance Agency, as recorded on October 9, 2025. The contract value is Not to exceed $24,000,000 (indirect, via affiliate Lighthouse Sandy Hill, LLC).
How much is the Orbach Affordable Housing Solutions LLC contract with Pennsylvania Housing Finance Agency worth?
The Orbach Affordable Housing Solutions LLC contract with Pennsylvania Housing Finance Agency is valued at Not to exceed $24,000,000 (indirect, via affiliate Lighthouse Sandy Hill, LLC), 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 pennsylvania_housing_finance_agency_board_meeting.pdf (Minutes), dated October 9, 2025 from Pennsylvania Housing Finance Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Orbach Affordable Housing Solutions LLC hold?
Orbach Affordable Housing Solutions 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 Pennsylvania Housing Finance Agency currently buying?
Explore Pennsylvania Housing Finance Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.