Eastern Carolina Regional Housing Authority Awards $55,000,000 Financing Contract to Truist Bank (January 2023)
Eastern Carolina Regional Housing AuthorityLocal Housing Authority · Goldsboro, NC- Disclosed value
- $55,000,000
- From agenda
- Approved
- Jan 17, 2023
The 30-second brief
Wayne County is authorized to enter into an Installment Financing Agreement with Truist Bank for a principal amount not to exceed $55,000,000 to finance the costs of acquiring, constructing, and equipping a new jail facility. The interest rate is 3.68% per annum, subject to adjustment, with a final maturity not exceeding April 1, 2043.
Truist Bank holds this financing contract with Eastern Carolina Regional Housing Authority. Its other public contracts on record include work for City of Mebane and Inverness Public Utility District.
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Contract details
- Contract type
- Financing
- Amount
- $55,000,000
- Document date
- January 17, 2023
- Term
- NA
- Vendor
- Truist Bank
- Source document
- eastern-carolina-regional-housing-authority-agenda-2023-01-17_914.pdf (Agenda)
Truist Bank's other public contracts
More Eastern Carolina Regional Housing Authority contracts
Questions about this contract
Who was awarded the financing contract by Eastern Carolina Regional Housing Authority?
Truist Bank was awarded this financing contract by Eastern Carolina Regional Housing Authority, as recorded on January 17, 2023. The contract value is $55,000,000.
How much is the Truist Bank contract with Eastern Carolina Regional Housing Authority worth?
The Truist Bank contract with Eastern Carolina Regional Housing Authority is valued at $55,000,000, covering financing work.
What type of contract is this?
This is a Financing contract, documented as a agenda record.
Where was this contract approved?
This contract appears in eastern-carolina-regional-housing-authority-agenda-2023-01-17_914.pdf (Agenda), dated January 17, 2023 from Eastern Carolina Regional Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Truist Bank hold?
Truist Bank 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 Eastern Carolina Regional Housing Authority currently buying?
Explore Eastern Carolina Regional Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.