Co-sponsor LR Development in Sandwich Manor bonds
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Description
LR Development Company LLC, as co-sponsor, received IHDA approval for up to $14,100,000 in multifamily housing revenue bonds to finance the Sandwich Manor project. The bonds will provide funds for acquisition, rehabilitation, and long-term financing.
Contract Details
Contract Amount
Not to exceed $14,100,000
Vendor
LR DEVELOPMENT COMPANY LLC
Agency
Illinois Housing Development Authority, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 17, 2026
Renewal Info
Same delegation resolution 2026-04-IHDA-060 governs LR Development Company LLC's co-sponsorship; any modifications or renewals of the bond financing would need future board approval.
More from LR DEVELOPMENT COMPANY LLC
Issuing Agency
State Housing Authority
Chicago, IL
More from Illinois Housing Development Authority
Illinois Housing Development Authority Board Meeting Minutes April 2026
Illinois Housing Development Authority Board Meeting Minutes April 2026
Illinois Housing Development Authority Finance Committee Minutes April 2026
Illinois Housing Development Authority Board Meeting Minutes April 2026
Illinois Housing Development Authority Board Meeting Minutes April 2026
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