FINANCIAL_SERVICESAPPROVED

Chicago Housing Authority Awards Financial Services Contract to Community Builders (May 2026)

The Chicago Housing Authority approved entering into AHAP and HAP contracts with The Community Builders for the Flyover Flats development, supporting 13 PBV units with an estimated total contract value of $14.16 million over 30 years. The authorization includes all necessary documents and expires if financing is not secured by December 31, 2027.

Status
APPROVED
Document date
May 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community Builders
Agency
Chicago Housing Authority · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Initial Estimated Contract $297,684.00; Total Estimated Contract $14,162,440
Contract type
FINANCIAL_SERVICES
Contract term
30 years
Renewal
Initial AHAP and HAP contracts for 30 years; CHA commitments expire if financing approvals are not obtained by 2027-12-31. Any renewal beyond 30 years would require future Board action.
Document type
AgendaPacket
Source document
Chicago Housing Authority AgendaPacket Real Estate Operations Development Committee Meeting 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Chicago Housing Authority?

Community Builders was awarded this financial services contract by Chicago Housing Authority, as recorded on May 25, 2026. The contract value is Initial Estimated Contract $297,684.00; Total Estimated Contract $14,162,440.

How much is the Community Builders contract with Chicago Housing Authority worth?

The Community Builders contract with Chicago Housing Authority is valued at Initial Estimated Contract $297,684.00; Total Estimated Contract $14,162,440, 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 Chicago Housing Authority AgendaPacket Real Estate Operations Development Committee Meeting 2026-05-26 (AgendaPacket), dated May 25, 2026 from Chicago Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Builders hold?

Community Builders may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Community Builders's profile

What is Chicago Housing Authority currently buying?

Explore Chicago Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Chicago Housing Authority's profile

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