FINANCIAL_SERVICESAPPROVED

Hawaii Public Housing Authority Awards Financial Services Contract to Michaels Development Company (March 2023)

The Hawaii Public Housing Authority approved a $1,750,000 pre-closing loan to Michaels Development Company for the redevelopment of Kuhio Park Terrace Low Rise and Kuhio Homes. This supports the additional predevelopment budget in partnership with the developer pending project financial closing.

Document date · March 16, 2023

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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
$1,750,000 loan (HPHA portion; total $3,500,000 pre-closing budget)
Contract type
FINANCIAL_SERVICES
Contract term
Pre-closing period until financial closing of redevelopment
Renewal
This is an amendment/increase to previous predevelopment budget and expenditure approval (March 18, 2021 and June 25, 2020). Repayment terms tied to financial closing.
Document type
Meeting Minutes
Source document
hawaii-public-housing-authoritymeeting-minutes2023-03-16_652.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 Hawaii Public Housing Authority?

Michaels Development Company was awarded this financial services contract by Hawaii Public Housing Authority, as recorded on March 16, 2023. The contract value is $1,750,000 loan (HPHA portion; total $3,500,000 pre-closing budget).

How much is the Michaels Development Company contract with Hawaii Public Housing Authority worth?

The Michaels Development Company contract with Hawaii Public Housing Authority is valued at $1,750,000 loan (HPHA portion; total $3,500,000 pre-closing budget), 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 hawaii-public-housing-authoritymeeting-minutes2023-03-16_652.pdf (Meeting Minutes), dated March 16, 2023 from Hawaii Public Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Michaels Development Company hold?

Michaels Development Company 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 Hawaii Public Housing Authority currently buying?

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