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FINANCIAL_SERVICESPENDING

New York City Housing Authority Regular Meeting Agenda April 29 2026

NYCHA Seeks $23.6M EPC Financing with BAPCC

$23,600,000.00 (principal and interest repayment not to exceed)New York city Housing AuthorityBANC OF AMERICA PUBLIC CAPITAL CORPApril 29, 2026

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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

NYCHA intends to enter into a Master Equipment Lease-Purchase Agreement with Banc of America Public Capital Corp to finance up to $13.2 million in Energy Conservation Measures under a Self‑Managed Comprehensive Modernization EPC. Repayments of principal and interest will not exceed $23.6 million over a term extending to November 15, 2045, subject to HUD approval.

Contract Details

Contract Amount

$23,600,000.00 (principal and interest repayment not to exceed)

Vendor

BANC OF AMERICA PUBLIC CAPITAL CORP

Agency

New York city Housing Authority, NY

Contract Type

FINANCIAL_SERVICES

Document Date

April 29, 2026

Contract Term

May 28, 2026 – November 15, 2045 (or nineteen years, five months, and nineteen days from an alternate start date)

Renewal Date

2045-11-15

Renewal Info

Financing term runs for approximately 19 years, 5 months, and 19 days with no renewal options indicated.

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