CONTRACTAPPROVED

Connecticut Department of Housing Awards Financial Services Contract to Bc Chapel Street LLC (January 2024)

Connecticut Department of Housing logoConnecticut Department of Housing
Disclosed value
Permanent loan not to exceed $13,500,000; Additional loan not to exceed $1,000,000; total $14,500,000
From minutes
Approved
Jan 31, 2024
Renews
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The 30-second brief

What it covers

BC Chapel Street LLC was awarded up to $14.5 million in loans by CHFA for the State & Chapel affordable housing project in New Haven.

Who holds it

Bc Chapel Street LLC holds this financial services contract with Connecticut Department of Housing. Its other public contracts on record include work for Housing Authority of the city of New Haven.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Connecticut Department of Housing contract.

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Contract details

Contract type
Financial Services
Amount
Permanent loan not to exceed $13,500,000; Additional loan not to exceed $1,000,000; total $14,500,000
Document date
January 31, 2024
Term
Permanent loan: up to 40 years; Additional loan: up to 42 years, 6 months; close commitment by October 31, 2024, final closer by April 30, 2027 if extended
Renews
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Source document
connecticut-housing-finance-authority-board-minutes-january-31-2024_b5f.pdf (Minutes)

Bc Chapel Street LLC's other public contracts

More Connecticut Department of Housing contracts

Questions about this contract

Who was awarded the financial services contract by Connecticut Department of Housing?

Bc Chapel Street LLC was awarded this financial services contract by Connecticut Department of Housing, as recorded on January 31, 2024. The contract value is Permanent loan not to exceed $13,500,000; Additional loan not to exceed $1,000,000; total $14,500,000.

How much is the Bc Chapel Street LLC contract with Connecticut Department of Housing worth?

The Bc Chapel Street LLC contract with Connecticut Department of Housing is valued at Permanent loan not to exceed $13,500,000; Additional loan not to exceed $1,000,000; total $14,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in connecticut-housing-finance-authority-board-minutes-january-31-2024_b5f.pdf (Minutes), dated January 31, 2024 from Connecticut Department of Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bc Chapel Street LLC hold?

Bc Chapel Street LLC 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 Connecticut Department of Housing currently buying?

Explore Connecticut Department of Housing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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