CONTRACTDISCUSSSED

Housing Authority Explores Ironwood Financing With Zions Bank

Cedar city Housing Authority logoCedar city Housing Authority
Disclosed value
Approximately $2.5 million financing gap; proposed property purchase price of $3.3 million with assumption of a $750,000 USDA loan
From minutes
Document date
Sep 24, 2026

The 30-second brief

What it covers

Cedar City Housing Authority approved pursuing possible financing discussions with Zions Bank for the potential purchase of Ironwood Apartments. The financing would address an approximately $2.5 million gap and could use existing Housing Authority units as collateral.

Who holds it

Zions Bank holds this financial services contract with Cedar city Housing Authority. Its other public contracts on record include work for Cottonwood Heights Parks And Recreation Service Area and City of Oregon.

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Contract details

Contract type
Financial Services
Amount
Approximately $2.5 million financing gap; proposed property purchase price of $3.3 million with assumption of a $750,000 USDA loan
Document date
September 24, 2026
Source document
Cedar City Housing Authority Minutes Board Meeting September 24, 2026 (Minutes)

Zions Bank's other public contracts

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Questions about this contract

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

Zions Bank was awarded this financial services contract by Cedar city Housing Authority, as recorded on September 24, 2026. The contract value is Approximately $2.5 million financing gap; proposed property purchase price of $3.3 million with assumption of a $750,000 USDA loan.

How much is the Zions Bank contract with Cedar city Housing Authority worth?

The Zions Bank contract with Cedar city Housing Authority is valued at Approximately $2.5 million financing gap; proposed property purchase price of $3.3 million with assumption of a $750,000 USDA loan, 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 Cedar City Housing Authority Minutes Board Meeting September 24, 2026 (Minutes), dated September 24, 2026 from Cedar city Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Zions Bank hold?

Zions 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.

What is Cedar city Housing Authority currently buying?

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

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