CONTRACTRECOMMENDED

POAH to participate in $6.5M TIF housing deal

City of Chicago logoCity of Chicago
Disclosed value
TIF Amount: $6,500,000
From agendapacket
Document date
Jan 18, 2023

The 30-second brief

What it covers

The Finance Committee advances a redevelopment agreement including Preservation of Affordable Housing, Inc. to receive loan funding, tax credits, and $6,500,000 in TIF assistance for a mixed-use affordable housing project.

Who holds it

Preservation of Affordable Housing Inc holds this financial services contract with City of Chicago. Its other public contracts on record include work for Town of Orleans and Ohio Housing Finance Agency.

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Contract details

Contract type
Financial Services
Amount
TIF Amount: $6,500,000
Document date
January 18, 2023
Source document
City of Chicago City Council Regular Meeting Agenda Packet January 2023 (AgendaPacket)

Preservation of Affordable Housing Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Chicago?

Preservation of Affordable Housing Inc was awarded this financial services contract by City of Chicago, as recorded on January 18, 2023. The contract value is TIF Amount: $6,500,000.

How much is the Preservation of Affordable Housing Inc contract with City of Chicago worth?

The Preservation of Affordable Housing Inc contract with City of Chicago is valued at TIF Amount: $6,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Chicago City Council Regular Meeting Agenda Packet January 2023 (AgendaPacket), dated January 18, 2023 from City of Chicago. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Preservation of Affordable Housing Inc hold?

Preservation of Affordable Housing Inc 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 City of Chicago currently buying?

Explore City of Chicago's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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