FINANCIAL_SERVICESAPPROVED

Utah Housing Corporation Awards Financial Services Contract to Merchants Capital (June 2026)

The Flats at Folsom affordable housing project will be financed through loans by Merchants Capital, using UHC bond proceeds, with permanent financing maturing by 2050.

Status
APPROVED
Document date
June 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Merchants Capital
Agency
Utah Housing Corporation · UT

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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
Not to exceed $33,932,800 (short-term construction and permanent loans)
Contract type
FINANCIAL_SERVICES
Contract term
Construction and permanent loan (to July 1, 2050)
Renewal date
2050-07-01
Renewal
No stated renewal; full term to bond maturity.
Document type
AgendaPacket
Source document
Utah Housing Corporation Annual Board Meeting Agenda Packet 2026-06-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Utah Housing Corporation?

Merchants Capital was awarded this financial services contract by Utah Housing Corporation, as recorded on June 10, 2026. The contract value is Not to exceed $33,932,800 (short-term construction and permanent loans).

How much is the Merchants Capital contract with Utah Housing Corporation worth?

The Merchants Capital contract with Utah Housing Corporation is valued at Not to exceed $33,932,800 (short-term construction and permanent loans), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Utah Housing Corporation Annual Board Meeting Agenda Packet 2026-06-10 (AgendaPacket), dated June 10, 2026 from Utah Housing Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merchants Capital hold?

Merchants Capital 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 Merchants Capital's profile

What is Utah Housing Corporation currently buying?

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

View Utah Housing Corporation's profile

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