CONTRACTAPPROVED

Illinois Housing Development Authority Awards Financial Services Contract to Related Affordable LLC (April 2026)

Disclosed value: Not to exceed $14,100,000; From minutes
Approved: Apr 17, 2026

What it covers

IHDA authorized up to $14,100,000 in multifamily housing revenue bonds for the Sandwich Manor development, sponsored by Related Affordable, LLC and LR Development Company LLC. The bonds will fund acquisition, rehabilitation, and permanent financing of the project.

Who holds it

Related Affordable LLC holds this financial services contract with Illinois Housing Development Authority. Its other public contracts on record include work for City of Thornton city and Boulder county Housing Authority.

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Contract details

Contract type: Financial Services
Amount: Not to exceed $14,100,000
Document date: April 17, 2026
Vendor: Related Affordable LLC
Agency: Illinois Housing Development Authority
Source document: Illinois Housing Development Authority Board Meeting Minutes April 2026 (Minutes)

Related Affordable LLC's other public contracts

City of Thornton city, ColoradoThornton 2024 PAB benefits Related Affordable LLC · Aug 11, 2026Undisclosed City of Thornton city, ColoradoPAB Financing to Benefit Related Affordable Housing Project · Jul 28, 2026 City of Thornton city, ColoradoRelated Affordable to Receive 2026 PAB Support · Jul 28, 2026 Boulder county Housing Authority, ColoradoBCHA Weighs SLP for Helios Station Preservation · Jul 23, 2026Undisclosed City of Lakewood, ColoradoMetro West Bonds to Fund Project with Related Affordable Affiliate · Jun 8, 2026 All Related Affordable LLC contractsVendor profile

More Illinois Housing Development Authority contracts

Renaissance Saint LukeIHDA amends loan terms for Renaissance Saint Luke · Apr 17, 2026Undisclosed Roosevelt School ApartmentTrust Fund Loan modified for Roosevelt School Apartment · Apr 17, 2026Undisclosed Wells Fargo Bank National AssociationWells Fargo to underwrite Sandwich Manor bonds · Apr 17, 2026Undisclosed Lafayette ApartmentsAdditional Bonds Sought for Lafayette Apartments Project · Apr 17, 2026 Dupage & Chicago South Suburbs Habitat for HumanityState tax credits awarded for Park Forest 2026 · Apr 17, 2026 All Illinois Housing Development Authority activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Illinois Housing Development Authority?

Related Affordable LLC was awarded this financial services contract by Illinois Housing Development Authority, as recorded on April 17, 2026. The contract value is Not to exceed $14,100,000.

How much is the Related Affordable LLC contract with Illinois Housing Development Authority worth?

The Related Affordable LLC contract with Illinois Housing Development Authority is valued at Not to exceed $14,100,000, 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 Illinois Housing Development Authority Board Meeting Minutes April 2026 (Minutes), dated April 17, 2026 from Illinois Housing Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Related Affordable LLC hold?

Related Affordable 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 Illinois Housing Development Authority currently buying?

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

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