CRDA Extends $6.5 Million 55 Elm Street Bridge Loan
Capital Region Development AuthorityPublic Authority · Hartford, CT- Disclosed value
- $6,500,000.00
- From minutes
- Document date
- Jun 18, 2026
The 30-second brief
CRDA approved a 90-day maturity extension for its $6.5 million State Historic Tax Credit Bridge Loan to 55 Elm Street, LLC. The extension gives the project additional time to complete construction and receive tax-credit proceeds for repayment.
55 Elm Street LLC holds this financial services contract with Capital Region Development Authority.
Term as filed: 90-day extension from the current maturity date.
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Contract details
- Contract type
- Financial Services
- Amount
- $6,500,000.00
- Document date
- June 18, 2026
- Term
- 90-day extension from the current maturity date
- Vendor
- 55 Elm Street LLC
- Source document
- Capital Region Development Authority Minutes Board of Meeting 2026-06-18 (Minutes)
55 Elm Street LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Capital Region Development Authority?
55 Elm Street LLC was awarded this financial services contract by Capital Region Development Authority, as recorded on June 18, 2026. The contract value is $6,500,000.00.
How much is the 55 Elm Street LLC contract with Capital Region Development Authority worth?
The 55 Elm Street LLC contract with Capital Region Development Authority is valued at $6,500,000.00, 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 Capital Region Development Authority Minutes Board of Meeting 2026-06-18 (Minutes), dated June 18, 2026 from Capital Region Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does 55 Elm Street LLC hold?
55 Elm 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 Capital Region Development Authority currently buying?
Explore Capital Region Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.