$16M bond approved for housing project financing
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Description
The Housing Authority of the City of Springfield approved the issuance of up to $16,000,000 in multifamily housing revenue bonds. The bonds will finance a loan to Pinnacle on the Park L.P. for the acquisition and rehabilitation of a 142-unit multifamily housing project.
Contract Details
Contract Amount
$16,000,000
Vendor
SPRINGFIELD HOUSING AUTHORITY
Agency
Springfield-Branson National Airport Board, MO
Contract Type
Loan
Document Date
April 7, 2025
Contract Term
NA
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