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Biddeford, Westbrook Corp. partner for affordable senior housing

City of Biddeford logoCity of Biddeford
Document date
Aug 5, 2025

The 30-second brief

What it covers

City of Biddeford to enter into two separate credit enhancement agreements with Westbrook Development Corporation and/or its affiliate entities. The agreements, starting July 1, 2026, will last for 28 years until June 30, 2054, to construct two separate affordable senior housing buildings.

Who holds it

Westbrook Development Corp holds this credit enhancement agreement contract with City of Biddeford.

What happens next

Term as filed: 28 years (starting July 1, 2026 until June 30, 2054).

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Contract details

Contract type
Credit Enhancement Agreement
Document date
August 5, 2025
Term
28 years (starting July 1, 2026 until June 30, 2054)
Vendor
Westbrook Development Corp
Agency
City of Biddeford
Source document
city-of-biddeford-city-council-order-august-5-2025_78f.pdf (Resolution)

Westbrook Development Corp's other public contracts

City of Biddeford, MaineExtension requested for 76-unit housing project approval · Jul 15, 2026UndisclosedCity of Biddeford, MaineBiddeford sells land to Westbrook Development for $1 · Dec 31, 2025$1City of Biddeford, MaineWestbrook Development seeks tax credits for housing project · Sep 2, 2025UndisclosedCity of Biddeford, MaineWestbrook Development Corporation resolution for approval · Sep 2, 2025UndisclosedCity of Biddeford, MaineWestbrook Development Corporation signs credit enhancement agreement · Aug 5, 2025UndisclosedAll Westbrook Development Corp contractsVendor profile

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Questions about this contract

Who was awarded the credit enhancement agreement contract by City of Biddeford?

Westbrook Development Corp was awarded this credit enhancement agreement contract by City of Biddeford, as recorded on August 5, 2025.

What type of contract is this?

This is a Credit Enhancement Agreement contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-biddeford-city-council-order-august-5-2025_78f.pdf (Resolution), dated August 5, 2025 from City of Biddeford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Westbrook Development Corp hold?

Westbrook Development Corp 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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What is City of Biddeford currently buying?

Explore City of Biddeford's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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