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Commonwealth Development Receives Ark River Financing

City of Wichita logoCity of Wichita
Disclosed value
$420,000
From agenda
Document date
May 6, 2025

The 30-second brief

What it covers

It is recommended that the City Council approve issuance of a conditional commitment letter for HOME Investment Partnerships Program financing in the amount of $420,000 for the Commonwealth Development Corporation of America Ark River Residences Project and authorize the Director of Housing and Community Services to sign.

Who holds it

Commonwealth Development holds this financing contract with City of Wichita. Its other public contracts on record include work for City of Stevens Point and Grand Rapids Public Schools.

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Contract details

Contract type
Financing
Amount
$420,000
Document date
May 6, 2025
Term
NA
Vendor
Commonwealth Development
Agency
City of Wichita
Source document
city_council_meeting_agenda_may_6_2025.pdf (Agenda)

Commonwealth Development's other public contracts

City of Stevens Point, WisconsinCity Approves Shopko-Site Deal With Commonwealth Development · Jul 6, 2026UndisclosedGrand Rapids Public Schools, MichiganCommittee Recommends Commonwealth Development for Stocking Site · Jun 8, 2026UndisclosedWyoming Community Development Authority, WyomingDell Range Senior Apartments Housing Awards in Cheyenne · Jan 1, 2026Wyoming Community Development Authority, WyomingCommonwealth Earns 2021 Credits for Dell Range Senior · Jan 1, 2026City of Richmond, VirginiaGrant for bioanalytics lab incentives · Dec 15, 2025$127KAll Commonwealth Development contractsVendor profile

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Questions about this contract

Who was awarded the financing contract by City of Wichita?

Commonwealth Development was awarded this financing contract by City of Wichita, as recorded on May 6, 2025. The contract value is $420,000.

How much is the Commonwealth Development contract with City of Wichita worth?

The Commonwealth Development contract with City of Wichita is valued at $420,000, covering financing work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_council_meeting_agenda_may_6_2025.pdf (Agenda), dated May 6, 2025 from City of Wichita. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Commonwealth Development hold?

Commonwealth Development 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 Wichita currently buying?

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

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