Whatcom County Economic Development Investment Board Agenda Packet May 2026
Opportunity Council Bellis Fair senior housing loan advancing to contract
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Description
The EDI program has a 2026 loan commitment of $1,391,485 to Opportunity Council for the Bellis Fair Senior Housing project, with contract details under development. This financing helps complete a complex capital stack for new senior affordable housing.
Contract Details
Contract Amount
$1,391,485 Loan (Opp Cou Bellis Fair Sr Housing; 2026 commitment)
Vendor
OPPORTUNITY COUNCIL
Agency
Whatcom County, WA
Contract Type
FINANCIAL_SERVICES
Document Date
May 6, 2026
Contract Term
2026 onward
Renewal Info
Loan terms are under development; no renewal or extension provisions are specified in the packet.
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