CONTRACTAPPROVED

Housing Authority of the city of Newport Awards $3,610,000 Construction Contract to Pennrose Holdings LLC (March 2024)

Housing Authority of the city of Newport

Disclosed value: $3,610,000; From resolution
Approved: Mar 19, 2024

What it covers

Pennrose Holdings, LLC has been approved for $3.61 million in loans for the Lift & Rise II project. The loans will be used for permanent financing of the project, which will provide affordable housing for low- and moderate-income residents.

Who holds it

Pennrose Holdings LLC holds this construction contract with Housing Authority of the city of Newport. Its other public contracts on record include work for City of Cleveland.

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Contract details

Contract type: Construction
Amount: $3,610,000
Document date: March 19, 2024
Term: NA
Vendor: Pennrose Holdings LLC
Agency: Housing Authority of the city of Newport
Source document: housing-authority-of-the-city-of-newportresolution2024-03-19_683.pdf (Resolution)

Pennrose Holdings LLC's other public contracts

City of Cleveland, OhioOption to lease 4242 Lorain Avenue to Pennrose · Feb 9, 2026Undisclosed City of Cleveland, OhioPennrose Holdings granted option to lease city property for redevelopment · Feb 9, 2026Undisclosed City of Cleveland, OhioCity considers lease option with Pennrose Holdings · Feb 9, 2026Undisclosed City of Cleveland, OhioOption to lease agreement with Pennrose Holdings, LLC for city property · Feb 3, 2026Undisclosed City of Cleveland, OhioOption to lease city property to Pennrose Holdings · Jan 12, 2026Undisclosed All Pennrose Holdings LLC contractsVendor profile

More Housing Authority of the city of Newport contracts

Urban StrategiesUrban Strategies Inc. assess Newport News families · Jul 15, 2025Undisclosed Djg ArchitectsDJG Architects plans for Aqueduct Apartments window replacement · Jul 15, 2025Undisclosed Habitat for HumanityHabitat for Humanity receives $300K for housing · Jul 15, 2025$300K Pennrose Holdings LLCPennrose Holdings constructs Newport News Redevelopment project · Jul 15, 2025Undisclosed Cm MundenMarshall Courts demolition to commence · Jun 17, 2025Undisclosed All Housing Authority of the city of Newport activityAgency profile

Questions about this contract

Who was awarded the construction contract by Housing Authority of the city of Newport?

Pennrose Holdings LLC was awarded this construction contract by Housing Authority of the city of Newport, as recorded on March 19, 2024. The contract value is $3,610,000.

How much is the Pennrose Holdings LLC contract with Housing Authority of the city of Newport worth?

The Pennrose Holdings LLC contract with Housing Authority of the city of Newport is valued at $3,610,000, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a resolution record.

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-newportresolution2024-03-19_683.pdf (Resolution), dated March 19, 2024 from Housing Authority of the city of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pennrose Holdings LLC hold?

Pennrose Holdings 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.

What is Housing Authority of the city of Newport currently buying?

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

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