CONTRACTAPPROVED

Housing Authority of the city of ATLANTA Georgia Awards $1,502,025 Loan Contract to Herndon Homes Developer (June 2023)

Housing Authority of the city of ATLANTA Georgia logoHousing Authority of the city of ATLANTA Georgia
Disclosed value
$1,502,025
From minutes
Approved
Jun 21, 2023
Term
18 months

The 30-second brief

What it covers

Herndon Homes Developer, LLC has been awarded a $1.5 million predevelopment loan for the Herndon Square Phase III project. The loan will support the predevelopment costs of the project, which includes the construction of 180 units, including low-income housing tax credit units.

Who holds it

Herndon Homes Developer holds this loan contract with Housing Authority of the city of ATLANTA Georgia. Its other public contracts on record include work for city OF ATLANTA, Dept. of Housing and Community Development.

What happens next

Term as filed: 18 months.

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Contract details

Contract type
Loan
Amount
$1,502,025
Document date
June 21, 2023
Term
18 months
Source document
housing-authority-of-the-city-of-atlanta-real-estate-committee-meeting-minutes-june-21-2023_b0a.pdf (Minutes)

Herndon Homes Developer's other public contracts

More Housing Authority of the city of ATLANTA Georgia contracts

Questions about this contract

Who was awarded the loan contract by Housing Authority of the city of ATLANTA Georgia?

Herndon Homes Developer was awarded this loan contract by Housing Authority of the city of ATLANTA Georgia, as recorded on June 21, 2023. The contract value is $1,502,025.

How much is the Herndon Homes Developer contract with Housing Authority of the city of ATLANTA Georgia worth?

The Herndon Homes Developer contract with Housing Authority of the city of ATLANTA Georgia is valued at $1,502,025, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a minutes record.

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-atlanta-real-estate-committee-meeting-minutes-june-21-2023_b0a.pdf (Minutes), dated June 21, 2023 from Housing Authority of the city of ATLANTA Georgia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Herndon Homes Developer hold?

Herndon Homes Developer 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 Housing Authority of the city of ATLANTA Georgia currently buying?

Explore Housing Authority of the city of ATLANTA Georgia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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