SSHPC Loan Recommended for 879 Congress Street Acquisition
Portsmouth Housing AuthorityLocal Housing Authority · Portsmouth, NH- Disclosed value
- up to $1,200,000
- From agendapacket
- Document date
- Apr 2, 2026
The 30-second brief
State Street Housing Preservation Corporation staff recommend approving a loan of up to $1,200,000 to Portland Housing Development Corporation to acquire 873 & 879 Congress Street for a planned 54‑unit mixed-use workforce housing development. The loan would cover acquisition and carrying costs over an anticipated 24‑month holding period until construction financing closes.
Portland Housing Development Corporation holds this financial services contract with Portsmouth Housing Authority. Its other public contracts on record include work for City of Portland.
Term as filed: Anticipated holding period 24 months until construction loan closing (CLC).
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Contract details
- Contract type
- Financial Services
- Amount
- up to $1,200,000
- Document date
- April 2, 2026
- Term
- Anticipated holding period 24 months until construction loan closing (CLC)
- Source document
- State Street Housing Preservation Corporation Board Meeting Agenda April 2026 (AgendaPacket)
Portland Housing Development Corporation's other public contracts
More Portsmouth Housing Authority contracts
Questions about this contract
Who was awarded the financial services contract by Portsmouth Housing Authority?
Portland Housing Development Corporation was awarded this financial services contract by Portsmouth Housing Authority, as recorded on April 2, 2026. The contract value is up to $1,200,000.
How much is the Portland Housing Development Corporation contract with Portsmouth Housing Authority worth?
The Portland Housing Development Corporation contract with Portsmouth Housing Authority is valued at up to $1,200,000, 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 State Street Housing Preservation Corporation Board Meeting Agenda April 2026 (AgendaPacket), dated April 2, 2026 from Portsmouth Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Portland Housing Development Corporation hold?
Portland Housing Development Corporation 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 Portsmouth Housing Authority currently buying?
Explore Portsmouth Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.