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Truist Serves As Lender For County Mortgage Program

Allegany County
Document date
May 30, 2024

The 30-second brief

What it covers

Allegany County’s FY24 housing bond allocation under the Maryland Mortgage Program is accessed locally through Truist Financial Corporation, which serves as the participating lender for county residents seeking below-rate mortgages. The lender relationship supports deployment of $2,942,931 in tax-exempt housing bond authority.

Who holds it

Truist Financial Corporation holds this financial services contract with Allegany County. Its other public contracts on record include work for Pamlico County and Abington SD.

What happens next

Term as filed: Ongoing participation as of FY2024 Maryland Mortgage Program allocation.

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Contract details

Contract type
Financial Services
Document date
May 30, 2024
Term
Ongoing participation as of FY2024 Maryland Mortgage Program allocation
Vendor
Truist Financial Corporation
Agency
Allegany County
Source document
Allegany County Board of County Commissioners Agenda Packet 2024-05-30 (AgendaPacket)

Truist Financial Corporation's other public contracts

Pamlico County, North CarolinaPamlico County Considers Truist as Official Depository · Oct 19, 2026UndisclosedAbington SD, PennsylvaniaAbington Designates Truist District Funds Depository · Sep 15, 2026UndisclosedAbington SD, PennsylvaniaAbington Designates Truist as District Depository · Sep 15, 2026UndisclosedCumberland Area MPO, MarylandTruist Named Local Lender for Mortgage Program · Apr 9, 2026UndisclosedHarford Water District #1, New YorkDistrict Utilizes Truist for Banking and Card Services · Mar 12, 2026UndisclosedAll Truist Financial Corporation contractsVendor profile

More Allegany County contracts

Association of Public-safety Communications OfficialsCounty Approves $4,452 for Dispatcher Training · Sep 17, 2026$4.5KAb Pittsburgh Plate Glass LLC2016 Industrial Property Lease Continues Through Closing · Sep 17, 2026UndisclosedMaryland Water Infrastructure Financing AdministrationCounty Extends Bedford Road Bond Maturity to 2056 · Sep 17, 2026Maryland Department of the EnvironmentCounty Authorizes $328,162 Depot Road Waterline Loan · Sep 17, 2026Up to $328,162Krampf, John (Jack)County Approves Green Ridge Conservation Easement · Sep 17, 2026UndisclosedAll Allegany County activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Allegany County?

Truist Financial Corporation was awarded this financial services contract by Allegany County, as recorded on May 30, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Allegany County Board of County Commissioners Agenda Packet 2024-05-30 (AgendaPacket), dated May 30, 2024 from Allegany County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Truist Financial Corporation hold?

Truist Financial Corporation 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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Explore Allegany County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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