Montana Department of Commerce, Board of Housing Awards $900,000 Financial Services Contract to Northwest Real Estate Capital Corp (February 2023)
Montana Department of Commerce, Board of HousingState Housing Authority · Helena, MT- Disclosed value
- $900,000
- From minutes
- Approved
- Feb 13, 2023
The 30-second brief
The Montana Board of Housing approved a $900,000 first-lien Multifamily Loan to Northwest Real Estate Capital Corp. for the Meadowlark Senior Apartments in Butte, a 26‑unit senior LIHTC/HOME development. The loan carries a 30‑year amortization, 20‑year term, and a 3.4231% targeted interest rate, closing after stabilized occupancy.
Northwest Real Estate Capital Corp holds this financial services contract with Montana Department of Commerce, Board of Housing. Its other public contracts on record include work for Oregon Housing and Community Services and City of Boise.
Term as filed: 30-year amortization, 20-year term; closing on or after 3 months of stabilized occupancy.
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Contract details
- Contract type
- Financial Services
- Amount
- $900,000
- Document date
- February 13, 2023
- Term
- 30-year amortization, 20-year term; closing on or after 3 months of stabilized occupancy
- Source document
- montana_housing_board_minutes_february_2023.pdf (Minutes)
Northwest Real Estate Capital Corp's other public contracts
More Montana Department of Commerce, Board of Housing contracts
Questions about this contract
Who was awarded the financial services contract by Montana Department of Commerce, Board of Housing?
Northwest Real Estate Capital Corp was awarded this financial services contract by Montana Department of Commerce, Board of Housing, as recorded on February 13, 2023. The contract value is $900,000.
How much is the Northwest Real Estate Capital Corp contract with Montana Department of Commerce, Board of Housing worth?
The Northwest Real Estate Capital Corp contract with Montana Department of Commerce, Board of Housing is valued at $900,000, 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 montana_housing_board_minutes_february_2023.pdf (Minutes), dated February 13, 2023 from Montana Department of Commerce, Board of Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Northwest Real Estate Capital Corp hold?
Northwest Real Estate Capital 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.
What is Montana Department of Commerce, Board of Housing currently buying?
Explore Montana Department of Commerce, Board of Housing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.