Atlanta Housing Holds Subordinate Loan at Adamsville
- Disclosed value
- Original loan balance $2,000,000; net cash payment 57% or $75,000 annually
- From minutes
- Document date
- Oct 15, 2025
- Term
- Maturity November 30, 2028
- Renews
- Free account
The 30-second brief
Atlanta Housing serves as a second mortgage lender at Adamsville Green Senior Apartments with a $2 million loan at 3% interest maturing November 30, 2028, repaid from net cash flow. This financing complements the agency’s HomeFlex assistance at the property.
Atlanta Housing holds this financial services contract with city OF ATLANTA, Dept. of Housing and Community Development. Its other public contracts on record include work for City of Atlanta.
The renewal date is on record. A free account shows it, with the renewals for every city OF ATLANTA, Dept. of Housing and Community Development contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Original loan balance $2,000,000; net cash payment 57% or $75,000 annually
- Document date
- October 15, 2025
- Term
- Maturity November 30, 2028
- Renews
- Free account
- Vendor
- Atlanta Housing
- Source document
- The Housing Authority of the City of Atlanta, Georgia Real Estate Committee Minutes 2025-10-15 (Minutes)
Atlanta Housing's other public contracts
More city OF ATLANTA, Dept. of Housing and Community Development contracts
Questions about this contract
Who was awarded the financial services contract by city OF ATLANTA, Dept. of Housing and Community Development?
Atlanta Housing was awarded this financial services contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on October 15, 2025. The contract value is Original loan balance $2,000,000; net cash payment 57% or $75,000 annually.
How much is the Atlanta Housing contract with city OF ATLANTA, Dept. of Housing and Community Development worth?
The Atlanta Housing contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at Original loan balance $2,000,000; net cash payment 57% or $75,000 annually, 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 The Housing Authority of the City of Atlanta, Georgia Real Estate Committee Minutes 2025-10-15 (Minutes), dated October 15, 2025 from city OF ATLANTA, Dept. of Housing and Community Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Atlanta Housing hold?
Atlanta Housing 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 ATLANTA, Dept. of Housing and Community Development currently buying?
Explore city OF ATLANTA, Dept. of Housing and Community Development's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.