County backs Madison Oaks Phase II with SHIP loan commitment

Marion County Community Services recommends approving a preliminary construction loan commitment of up to $460,000 in SHIP funds to Madison Oaks West II, LLC for the Madison Oaks Phase II affordable housing project. The local contribution would support a tax credit application and enable construction of additional affordable units.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $460,000

Contract type

FINANCIAL_SERVICES

Document type

Agenda

Source document

Marion County Board of County Commissioners Meeting Agenda 2026-03-03

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Marion County Board of County Commissioners Meeting Agenda 2026-08-04

PENDING

Town of Reddick, Floridanot to exceed $460,000Jul 31, 2026

Marion County Board of County Commissioners Agenda October 2025

APPROVED

Town of Reddick, Floridanot to exceed $460,000Oct 7, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Marion County?

Madison Oaks West Ii Llc was awarded this financial services contract by Marion County, as recorded on March 3, 2026. The contract value is Not to exceed $460,000.

How much is the Madison Oaks West Ii Llc contract with Marion County worth?

The Madison Oaks West Ii Llc contract with Marion County is valued at Not to exceed $460,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Marion County Board of County Commissioners Meeting Agenda 2026-03-03 (Agenda), dated March 3, 2026 from Marion County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Madison Oaks West Ii Llc hold?

Madison Oaks West Ii Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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