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FINANCIAL_SERVICESAPPROVED

City of Raleigh Awards Financial Services Contract to Low Income Investment Fund (July 2025)

Raleigh authorized a long-term lease of city-owned properties to Low Income Investment Fund to support development of a 25‑unit scattered-site affordable rental project. The lease term will cover the remainder of a 75‑year period once the current lease ends.

Document date · July 1, 2025

Issuing agencyCity of RaleighVendorLow Income Investment Fund

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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

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Remainder of a 75-year term, commencing on or around termination of existing lease
Renewal
New long-term lease synced to overall 75‑year term, beginning after current lease termination.
Document type
Minutes
Source document
Raleigh City Council Meeting Minutes July 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Low Income Investment Fund was awarded this financial services contract by City of Raleigh, as recorded on July 1, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Raleigh City Council Meeting Minutes July 2025 (Minutes), dated July 1, 2025 from City of Raleigh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Low Income Investment Fund hold?

Low Income Investment Fund may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Low Income Investment Fund's profile

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