CONTRACTPENDING

Nantucket Fund Considers Subordination of $700k Mortgage

Town of Nantucket
Disclosed value
$700,000.00
From agenda
Document date
Jan 21, 2025
Term
July 13, 2022

The 30-second brief

What it covers

Nantucket Affordable Housing Trust Fund is reviewing a request for the Subordination of Closing Cost Assistance Mortgage dated July 13, 2022, and recorded in Book 1905, Page 115 to a Mortgage from Elvis E. Butler to The Cape Cod Five Cents Savings Bank in the original principal amount of $700,000.00 for the property located at 63 Cato Lane.

Who holds it

Nantucket Affordable Housing Trust Fund holds this mortgage contract with Town of Nantucket. Its other public contracts on record include work for Nantucket Public Schools MA and Nantucket County.

What happens next

Term as filed: July 13, 2022.

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Contract details

Contract type
Mortgage
Amount
$700,000.00
Document date
January 21, 2025
Term
July 13, 2022
Source document
town-of-nantucket-agenda-2025-01-21_bea.pdf (Agenda)

Nantucket Affordable Housing Trust Fund's other public contracts

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Questions about this contract

Who was awarded the mortgage contract by Town of Nantucket?

Nantucket Affordable Housing Trust Fund was awarded this mortgage contract by Town of Nantucket, as recorded on January 21, 2025. The contract value is $700,000.00.

How much is the Nantucket Affordable Housing Trust Fund contract with Town of Nantucket worth?

The Nantucket Affordable Housing Trust Fund contract with Town of Nantucket is valued at $700,000.00, covering mortgage work.

What type of contract is this?

This is a Mortgage contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-nantucket-agenda-2025-01-21_bea.pdf (Agenda), dated January 21, 2025 from Town of Nantucket. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Nantucket Affordable Housing Trust Fund hold?

Nantucket Affordable Housing Trust 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 Nantucket currently buying?

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

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