housing-authority-of-the-city-of-ansoniameeting-minutes2023-02-22_309.pdf
Housing Authority Modifies $562,500 Loan with Ion Bank
Trusted by teams at
Description
The Housing Authority of the City of Ansonia approved a resolution to amend its $562,500 loan with Ion Bank for One Holbrook Place. The change extends the interest-only period due to extended improvement work and modifies the amortization schedule.
Contract Details
Contract Amount
$562,500.00
Vendor
ION BANK
Agency
Housing Authority of the city of Ansonia, CT
Contract Type
FINANCIAL_SERVICES
Document Date
February 22, 2023
Contract Term
original loan: 18 months interest only + 25 years amortization; modification: 24 months interest only + 24 years, 6 months amortization
Renewal Date
2047-08-22
Renewal Info
Interest-only period extended an additional 6 months; full term now 24 years, 6 months amortization following interest-only period. Resolution authorizes Executive Director to execute documents.
More from ION BANK
Related Contracts
Town of Southbury Board of Selectmen Budget Meeting Minutes Feb 2026
PENDINGTown of Farmington Council Minutes January 2026
APPROVEDTown of Farmington Regular Town Council Meeting Agenda January 2026
APPROVEDNaugatuck Valley Health District Board Minutes December 2025
PENDINGoxford_board_of_education_meeting_agenda_december.pdf
DISCUSSSEDIssuing Agency
Housing Authority of the city of Ansonia
Local Housing Authority
Ansonia, CT
More from Housing Authority of the city of Ansonia
housing_authority_of_ansonia_regular_meeting_minut.pdf
housing_authority_of_ansonia_regular_meeting_minut.pdf
housing-authority-of-the-city-of-ansoniameeting-minutes2025-04-23_36e.pdf
housing-authority-of-the-city-of-ansonia-agenda-2023-02-01_51a.pdf
housing-authority-of-the-city-of-ansonia-meeting-minutes-2023-02-01_a52.pdf
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.