OTHERAPPROVED

$5M Loan for Sunflower Hill Affordable Housing Approved

The Dublin City Council approved a $5 million loan agreement with Sunflower Grace, L.P. to support development of the 60-unit Sunflower Hill at Grace Pointe affordable housing project for residents with intellectual and developmental disabilities.

Document date · November 5, 2024

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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
$5,000,000 ($2,000,000 predevelopment loan, $3,000,000 construction loan)
Contract type
OTHER
Contract term
Loan Schedule of Performance per Affordable Housing Assistance Agreement (development timeline; milestone-based through project completion)
Renewal
Loan repayment terms and conditions set in agreement; milestone extensions subject to City Manager approval; not automatically renewable.
Document type
Meeting Agenda
Source document
city-of-dublin-meeting-agenda-2024-11-05_478.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Dublin?

Sunflower Grace Lp was awarded this government contract by City of Dublin, as recorded on November 5, 2024. The contract value is $5,000,000 ($2,000,000 predevelopment loan, $3,000,000 construction loan).

How much is the Sunflower Grace Lp contract with City of Dublin worth?

The Sunflower Grace Lp contract with City of Dublin is valued at $5,000,000 ($2,000,000 predevelopment loan, $3,000,000 construction loan).

What type of contract is this?

This is a government contract, documented as a meeting agenda record.

Where was this contract approved?

This contract appears in city-of-dublin-meeting-agenda-2024-11-05_478.pdf (Meeting Agenda), dated November 5, 2024 from City of Dublin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sunflower Grace Lp hold?

Sunflower Grace Lp 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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