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Urbana to allocate bond cap to Eastern Illinois EDA

City of Urbana logoCity of Urbana
Disclosed value
$2,688,592.50
From agendapacket
Document date
Apr 6, 2026
Renews
Free account

The 30-second brief

What it covers

The City of Urbana plans to transfer $2,688,592.50 of its 2026 private activity bond volume cap to the Eastern Illinois Economic Development Authority for use in financing eligible affordable housing projects. The Committee of the Whole is recommending approval of Resolution 2026-04-013R for City Council consent agenda action.

Who holds it

Eastern Illinois Economic Development Authority holds this financial services contract with City of Urbana. Its other public contracts on record include work for City of Champaign and Town of Urbana.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Urbana contract.

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Contract details

Contract type
Financial Services
Amount
$2,688,592.50
Document date
April 6, 2026
Term
Calendar year 2026 private activity bond volume cap allocation
Renews
Free account
Vendor
Eastern Illinois Economic Development Authority
Agency
City of Urbana
Source document
City of Urbana Committee of the Whole Meeting Agenda Packet April 2026 (AgendaPacket)

Eastern Illinois Economic Development Authority's other public contracts

City of Champaign, IllinoisCity Considers Ceding Bonding Authority to EIEDA · Apr 21, 2026UndisclosedTown of Urbana, IllinoisUrbana Transfers 2026 Bond Cap to EIEDA for Housing · Apr 12, 2026City of Gilman, IllinoisCity to Cede Bonding Authority to EIEDA · Feb 9, 2026UndisclosedCity of Urbana, IllinoisUrbana cedes bond cap to Eastern Illinois EDA · Sep 23, 2025UndisclosedCity of Gilman, IllinoisCity Cedes Bonding Authority to Regional EDA · Mar 10, 2025$221.1KAll Eastern Illinois Economic Development Authority contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Urbana?

Eastern Illinois Economic Development Authority was awarded this financial services contract by City of Urbana, as recorded on April 6, 2026. The contract value is $2,688,592.50.

How much is the Eastern Illinois Economic Development Authority contract with City of Urbana worth?

The Eastern Illinois Economic Development Authority contract with City of Urbana is valued at $2,688,592.50, 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 City of Urbana Committee of the Whole Meeting Agenda Packet April 2026 (AgendaPacket), dated April 6, 2026 from City of Urbana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Eastern Illinois Economic Development Authority hold?

Eastern Illinois Economic Development Authority 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 City of Urbana currently buying?

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

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