FINANCIAL_SERVICESONGOING

CREA to provide LIHTC equity for Arrowhead Lofts

CREA, LLC will serve as the housing credit syndicator and LIHTC equity investor for Arrowhead Lofts, contributing approximately $2.9 million in construction equity and $15.9 million in permanent equity. The investment supports the project’s $19 million total development cost structure alongside loans and developer capital.

Status
ONGOING
Document date
May 21, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Crea Llc
Agency
Ohio Housing Finance Agency · OH

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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
Federal LIHTC Equity (construction): $2,881,740; Federal LIHTC Equity (permanent): $15,851,600
Contract type
FINANCIAL_SERVICES
Renewal
Typical LIHTC equity partnership terms and exit provisions are implied but not detailed in this summary; no explicit renewal terms are provided.
Document type
Report
Source document
Ohio Housing Finance Agency Project Summary Arrowhead Lofts 2025-05-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Ohio Housing Finance Agency?

Crea Llc was awarded this financial services contract by Ohio Housing Finance Agency, as recorded on May 21, 2025. The contract value is Federal LIHTC Equity (construction): $2,881,740; Federal LIHTC Equity (permanent): $15,851,600.

How much is the Crea Llc contract with Ohio Housing Finance Agency worth?

The Crea Llc contract with Ohio Housing Finance Agency is valued at Federal LIHTC Equity (construction): $2,881,740; Federal LIHTC Equity (permanent): $15,851,600, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Ohio Housing Finance Agency Project Summary Arrowhead Lofts 2025-05-21 (Report), dated May 21, 2025 from Ohio Housing Finance Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Crea Llc hold?

Crea 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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What is Ohio Housing Finance Agency currently buying?

Explore Ohio Housing Finance Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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