ANIZDA Expands Peoples Security Credit Facility
Allentown Neighborhood Improvement Zone Development AuthoritySpecial District · Allentown, PA- Disclosed value
- $25 million increase through an Accordion draw; total facility amount not stated
- From minutes
- Document date
- Sep 2, 2026
- Renews
- Free account
The 30-second brief
ANIZDA approved a modification to the Peoples Security Bank & Trust credit facility used to finance City Center Investment Corporation projects. The amendment adds a $25 million Accordion increase and extends the facility maturity to February 13, 2032.
Peoples Security Bank & Trust holds this financial services contract with Allentown Neighborhood Improvement Zone Development Authority. Its other public contracts on record include work for Town of Lower Nazareth and Borough of Ashley.
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Contract details
- Contract type
- Financial Services
- Amount
- $25 million increase through an Accordion draw; total facility amount not stated
- Document date
- September 2, 2026
- Term
- Maturity extended from February 13, 2027 to February 13, 2032
- Renews
- On record
- Source document
- ANIZDA Board Minutes September 02, 2026 (Minutes)
Peoples Security Bank & Trust's other public contracts
More Allentown Neighborhood Improvement Zone Development Authority contracts
Questions about this contract
Who was awarded the financial services contract by Allentown Neighborhood Improvement Zone Development Authority?
Peoples Security Bank & Trust was awarded this financial services contract by Allentown Neighborhood Improvement Zone Development Authority, as recorded on September 2, 2026. The contract value is $25 million increase through an Accordion draw; total facility amount not stated.
How much is the Peoples Security Bank & Trust contract with Allentown Neighborhood Improvement Zone Development Authority worth?
The Peoples Security Bank & Trust contract with Allentown Neighborhood Improvement Zone Development Authority is valued at $25 million increase through an Accordion draw; total facility amount not stated, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in ANIZDA Board Minutes September 02, 2026 (Minutes), dated September 2, 2026 from Allentown Neighborhood Improvement Zone Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Peoples Security Bank & Trust hold?
Peoples Security Bank & Trust 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 Allentown Neighborhood Improvement Zone Development Authority currently buying?
Explore Allentown Neighborhood Improvement Zone Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
