NHTF provides $700K loan for Choice I financing
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Description
Choice I is obtaining three loans for permanent financing as follows (1) loan from VHDA in the approximate amount of $2,347,000, (2) loan from the Authority from funds provided by VHDA and VHTF in the approximate amount of $700,000 and (3) loan from the Authority provided by DHCD and NHTF in the approximate amount of $700,000.
Contract Details
Contract Amount
$700,000
Vendor
NATIONAL HOUSING TRUST FUND
Agency
Northwestern Regional Housing Authority, NC
Contract Type
Loan
Document Date
February 2, 2024
Contract Term
NA
Renewal Date
NA
Renewal Info
NA
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Issuing Agency
Local Housing Authority
Boone, NC
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