Civic IQ
Loanapproved

newport-news-redevelopment-and-housing-authority-resolution-february-2-2024_5be.pdf

NHTF provides $700K loan for Choice I financing

$700,000Northwestern Regional Housing AuthorityNATIONAL HOUSING TRUST FUNDFebruary 2, 2024

Trusted by teams at

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
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

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

Bring us your territory.
We'll show you what is forming.

See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.

Try Civic IQ for free