CONTRACTPENDING

Raleigh Invests $4M in Affordable Housing Preservation

Town of Raleigh logoTown of Raleigh
Disclosed value
$4,000,000
From meeting minutes
Document date
Mar 15, 2022
Term
20 years

The 30-second brief

What it covers

City of Raleigh authorizes a $4 million loan agreement with Self-Help Ventures Fund for affordable housing preservation near transit corridors. The loan is a zero-interest deferred payment loan for a 20-year term.

Who holds it

Self Help Ventures Fund holds this loan agreement contract with Town of Raleigh. Its other public contracts on record include work for Alameda County and Northampton County Schools.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Loan Agreement
Amount
$4,000,000
Document date
March 15, 2022
Term
20 years
Source document
town-of-raleigh-meeting-minutes-2022-03-15_91a.txt (Meeting Minutes)

Self Help Ventures Fund's other public contracts

More Town of Raleigh contracts

Questions about this contract

Who was awarded the loan agreement contract by Town of Raleigh?

Self Help Ventures Fund was awarded this loan agreement contract by Town of Raleigh, as recorded on March 15, 2022. The contract value is $4,000,000.

How much is the Self Help Ventures Fund contract with Town of Raleigh worth?

The Self Help Ventures Fund contract with Town of Raleigh is valued at $4,000,000, covering loan agreement work.

What type of contract is this?

This is a Loan Agreement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-raleigh-meeting-minutes-2022-03-15_91a.txt (Meeting Minutes), dated March 15, 2022 from Town of Raleigh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Self Help Ventures Fund hold?

Self Help Ventures Fund 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 Town of Raleigh currently buying?

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

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