Housing Authority of Lackawanna Commissioners Meeting Transcript December 2025
$8.7M Energy Project Loan Approved with Peoples Security Bank & Trust
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Description
The Housing Authority of the County of Lackawanna approved borrowing up to $8.7 million from Peoples Security Bank & Trust Company to finance energy efficiency upgrades. The financing enables implementation of the Guaranteed Energy Savings Contract with TEN.
Contract Details
Contract Amount
up to $8,700,000
Vendor
PEOPLES SECURITY BANK & TRUST COMPANY
Agency
Lackawanna Municipal Housing Authority, NY
Contract Type
FINANCIAL_SERVICES
Document Date
December 9, 2025
Renewal Info
New loan, no renewal/extension discussed. Details to be finalized at closing.
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