FINANCIAL_SERVICESAPPROVED

City of Danville Awards $2,000,000 Financial Services Contract to Virginia Housing (May 2026)

Danville City Council approved a $2,000,000 Virginia Housing Workforce Housing Investment Program grant to support construction of 182 workforce apartments at 1700 West Main Street. The grant proceeds will capitalize a revolving workforce housing loan fund administered through the Industrial Development Authority for current and future projects.

Status
APPROVED
Document date
May 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Virginia Housing
Agency
City of Danville · VA

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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

Scope & details

The full contract record, as filed.

Contract amount
$2,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Continuing until workforce housing loan funds are expended
Renewal
Ordinance specifies the appropriation is a continuing appropriation that carries forward until all funds are expended for the stated workforce housing purposes; no fixed end date.
Document type
AgendaPacket
Source document
City of Danville City Council Regular Meeting Agenda May 19 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Danville?

Virginia Housing was awarded this financial services contract by City of Danville, as recorded on May 16, 2026. The contract value is $2,000,000.

How much is the Virginia Housing contract with City of Danville worth?

The Virginia Housing contract with City of Danville is valued at $2,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Danville City Council Regular Meeting Agenda May 19 2026 (AgendaPacket), dated May 16, 2026 from City of Danville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Virginia Housing hold?

Virginia Housing may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Virginia Housing's profile

What is City of Danville currently buying?

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

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