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Albany Considers St. Nicholas Hotel Development MOU

City of Albany logoCity of Albany
Disclosed value
$1.5 million
From agenda
Document date
Sep 22, 2026

The 30-second brief

What it covers

Albany commissioners will consider joining an MOU with SOWEGA QOF ONE QOZB I, LLC for the St. Nicholas Hotel project. The action would support a $1.5 million Job Investment Fund loan to the Downtown Development Authority of Albany, Georgia.

Who holds it

Sowega Qof One Qozb I LLC holds this contract with City of Albany. Its other public contracts on record include work for Albany Utility Board.

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Contract details

Amount
$1.5 million
Document date
September 22, 2026
Vendor
Sowega Qof One Qozb I LLC
Agency
City of Albany
Source document
City of Albany Agenda Regular Meeting Board of City Commissioners 2026-09-22 (Agenda)

Sowega Qof One Qozb I LLC's other public contracts

Albany Utility Board, GeorgiaAlbany Seeks Negotiations With SOWEGA QOF Entity · Nov 3, 2026UndisclosedCity of Albany, GeorgiaAlbany Recommends SOWEGA Downtown Redevelopment Negotiations · Nov 3, 2026UndisclosedCity of Albany, GeorgiaAlbany Authorizes Hotel MOU With SOWEGA QOF · Sep 22, 2026City of Albany, GeorgiaAlbany Plans $1.5M Loan for St. Nicholas Hotel Redevelopment · Sep 1, 2026All Sowega Qof One Qozb I LLC contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Albany?

Sowega Qof One Qozb I LLC was awarded this government contract by City of Albany, as recorded on September 22, 2026. The contract value is $1.5 million.

How much is the Sowega Qof One Qozb I LLC contract with City of Albany worth?

The Sowega Qof One Qozb I LLC contract with City of Albany is valued at $1.5 million.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Albany Agenda Regular Meeting Board of City Commissioners 2026-09-22 (Agenda), dated September 22, 2026 from City of Albany. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sowega Qof One Qozb I LLC hold?

Sowega Qof One Qozb I 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 City of Albany currently buying?

Explore City of Albany's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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