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Fahe Offers $4.1M Loan for Elkins City Hall Renovation

City of Elkins logoCity of Elkins
Disclosed value
$4,100,000.00
From agenda
Document date
May 12, 2025
Term
30 years

The 30-second brief

What it covers

Fahe is offering City of Elkins a $4.1 million loan at 4.75% interest for 30 years to finance the City Hall renovation project. The loan requires monthly principal and interest payments based on a 360-month amortization.

Who holds it

FAHE holds this loan contract with City of Elkins. Its other public contracts on record include work for Housing Authority of the city of Elkins and Laurel County Water District 2.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Loan
Amount
$4,100,000.00
Document date
May 12, 2025
Term
30 years
Vendor
FAHE
Agency
City of Elkins
Source document
city-of-elkins-finance-committee-meeting-agenda-may-12-2025_955.pdf (Agenda)

FAHE's other public contracts

Housing Authority of the city of Elkins, West VirginiaFAHE to Administer USDA City Hall Financing · Nov 6, 2025UndisclosedLaurel County Water District 2, KentuckyFAHE hired for grant and project administration · Jun 26, 2025UndisclosedHousing Authority of the city of Elkins, West VirginiaFahe discussed for City Hall project financing · Jun 12, 2025UndisclosedCity of Elkins, West VirginiaFahe provides $4.1M City Hall renovation loan · May 12, 2025$4.1 millionHousing Authority of the city of Elkins, West VirginiaElkins Considers $4.1M Loan from Fahe · May 12, 2025$4.1 millionAll FAHE contractsVendor profile

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John Deere ConstructionJohn Deere awarded contract for Construction Equipment · Apr 14, 2027UndisclosedTriple H Construction CompanyElkins Considers Infrastructure Agreement with Triple H Construction · Oct 13, 2026UndisclosedTriple H Construction CompanyTriple H Construction Agreement Recommended for Stormwater Work · Oct 12, 2026UndisclosedMills GroupMills Group Presents Wayfinding Sign Concepts · Oct 12, 2026UndisclosedMountain Valley BankVehicle Financing Recommended for Mountain Valley Bank · Oct 12, 2026All City of Elkins activityAgency profile

Questions about this contract

Who was awarded the loan contract by City of Elkins?

FAHE was awarded this loan contract by City of Elkins, as recorded on May 12, 2025. The contract value is $4,100,000.00.

How much is the FAHE contract with City of Elkins worth?

The FAHE contract with City of Elkins is valued at $4,100,000.00, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-elkins-finance-committee-meeting-agenda-may-12-2025_955.pdf (Agenda), dated May 12, 2025 from City of Elkins. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does FAHE hold?

FAHE 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 Elkins currently buying?

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

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