FINANCIAL_SERVICESAMENDED

Housing Authority Modifies $562,500 Loan with Ion Bank

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.

Status
AMENDED
Document date
February 22, 2023
Contract type
FINANCIAL_SERVICES
Vendor
Ion Bank
Agency
Housing Authority of the city of Ansonia · CT

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$562,500.00
Contract type
FINANCIAL_SERVICES
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
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.
Document type
Meeting Minutes
Source document
housing-authority-of-the-city-of-ansoniameeting-minutes2023-02-22_309.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Authority of the city of Ansonia?

Ion Bank was awarded this financial services contract by Housing Authority of the city of Ansonia, as recorded on February 22, 2023. The contract value is $562,500.00.

How much is the Ion Bank contract with Housing Authority of the city of Ansonia worth?

The Ion Bank contract with Housing Authority of the city of Ansonia is valued at $562,500.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-ansoniameeting-minutes2023-02-22_309.pdf (Meeting Minutes), dated February 22, 2023 from Housing Authority of the city of Ansonia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ion Bank hold?

Ion Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ion Bank's profile

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

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

View Housing Authority of the city of Ansonia's profile

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