Severn Savings Bank Holds Obery Court 2 Mortgage
Housing Authority of the city of AnnapolisLocal Housing Authority · Annapolis, MD- Disclosed value
- $1,178,009 outstanding principal as of 01/31/2026
- From report
- Document date
- Mar 1, 2026
The 30-second brief
Severn Savings Bank FSB provides the senior mortgage loan for Obery Court 2, carrying a 6.625% interest rate and approximately $1.18 million in outstanding principal. The hard-debt facility is scheduled to mature in 2029.
Severn Savings Bank Fsb holds this financial services contract with Housing Authority of the city of Annapolis.
Term as filed: Maturity in 2029 (exact date not specified).
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Contract details
- Contract type
- Financial Services
- Amount
- $1,178,009 outstanding principal as of 01/31/2026
- Document date
- March 1, 2026
- Term
- Maturity in 2029 (exact date not specified)
- Vendor
- Severn Savings Bank Fsb
- Source document
- HACA Executive Director Report March 2026 (Report)
Severn Savings Bank Fsb's other public contracts
More Housing Authority of the city of Annapolis contracts
Questions about this contract
Who was awarded the financial services contract by Housing Authority of the city of Annapolis?
Severn Savings Bank Fsb was awarded this financial services contract by Housing Authority of the city of Annapolis, as recorded on March 1, 2026. The contract value is $1,178,009 outstanding principal as of 01/31/2026.
How much is the Severn Savings Bank Fsb contract with Housing Authority of the city of Annapolis worth?
The Severn Savings Bank Fsb contract with Housing Authority of the city of Annapolis is valued at $1,178,009 outstanding principal as of 01/31/2026, 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 HACA Executive Director Report March 2026 (Report), dated March 1, 2026 from Housing Authority of the city of Annapolis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Severn Savings Bank Fsb hold?
Severn Savings Bank Fsb 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 Annapolis currently buying?
Explore Housing Authority of the city of Annapolis's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.