CONTRACTAPPROVED

Lafourche Parish Housing Authority Awards $7,371,000 Loan Contract to Mgm Development (June 2024)

Disclosed value: $7,371,000; From resolution
Approved: Jun 12, 2024

What it covers

MGM Development obtains $7,371,000 loan for Calcasieu Heights project, with full financial closing projected by 12/21/2023. The City of Lake Charles adds $1,500,000 in CDBG-DR funds.

Who holds it

Mgm Development holds this loan contract with Lafourche Parish Housing Authority. Its other public contracts on record include work for Housing Authority of the city of Lafayette and Housing Authority Of Lake Charles.

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Contract details

Contract type: Loan
Amount: $7,371,000
Document date: June 12, 2024
Term: NA
Vendor: Mgm Development
Agency: Lafourche Parish Housing Authority
Source document: lafourche-parish-housing-authority-resolution-2024-06-12_483.pdf (Resolution)

Mgm Development's other public contracts

Lafourche Parish Housing Authority, LouisianaMGM Group Gets $1.9M for New Villas · Oct 9, 2024$1.9M Housing Authority of the city of Lafayette, LouisianaDevelopment Group Receives Funds for Senior Housing · Oct 9, 2024$1.9M Housing Authority Of Lake Charles, LouisianaMGM Group Secures $1.9M for Housing Construction · Oct 9, 2024$1.9M Housing Authority of Lafourche Parish, LouisianaBarret Senior Villas project gets $1.9M funding · Oct 9, 2024$1.9M Housing Authority of the city of Lafayette, LouisianaCalcasieu Heights Secures $7.3M Development Loan · Jun 12, 2024$7.4M All Mgm Development contractsVendor profile

More Lafourche Parish Housing Authority contracts

Boston Capital Finance$16M bond contract awarded to Boston Capital · Jun 11, 2025$16M NA$125M Bond Sale Approved for Housing Mortgages · Jun 11, 2025$125M Bywater Housing Partners$22M Revenue Bonds approved for Bywater Housing · Jun 11, 2025$22M Boston Capital Finance$16M Revenue Bonds approved for Touro Shakspeare · Jun 11, 2025$16M Cedar Rapids Bank & TrustCedar Rapids Bank to purchase $22M bonds · Jun 11, 2025$22M All Lafourche Parish Housing Authority activityAgency profile

Questions about this contract

Who was awarded the loan contract by Lafourche Parish Housing Authority?

Mgm Development was awarded this loan contract by Lafourche Parish Housing Authority, as recorded on June 12, 2024. The contract value is $7,371,000.

How much is the Mgm Development contract with Lafourche Parish Housing Authority worth?

The Mgm Development contract with Lafourche Parish Housing Authority is valued at $7,371,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a resolution record.

Where was this contract approved?

This contract appears in lafourche-parish-housing-authority-resolution-2024-06-12_483.pdf (Resolution), dated June 12, 2024 from Lafourche Parish Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mgm Development hold?

Mgm Development 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 Lafourche Parish Housing Authority currently buying?

Explore Lafourche Parish Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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