CONTRACTAPPROVED

city OF ATLANTA, Dept. of Housing and Community Development Awards Financial Services Contract to Columbia Estates LP (May 2026)

city OF ATLANTA, Dept. of Housing and Community Development logocity OF ATLANTA, Dept. of Housing and Community Development
Disclosed value
$3,999,999 HUD 241(a) loan; restructuring of Atlanta Housing Second and Third Priority Loans into a combined Permanent Loan up to $4,566,413; projected RAD HAP subsidy through March 30, 2040 is $7,208,374 assuming 3% annual increase
From minutes
Approved
May 27, 2026
Renews
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The 30-second brief

What it covers

Atlanta Housing approved the refinance of Columbia Estates with a new $3,999,999 HUD 241(a) loan and a restructuring of its subordinate loans with Columbia Estates, L.P. The transaction will fund about $3.8 million in capital improvements while preserving RAD and ground lease terms.

Who holds it

Columbia Estates LP holds this financial services contract with city OF ATLANTA, Dept. of Housing and Community Development.

What happens next

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Contract details

Contract type
Financial Services
Amount
$3,999,999 HUD 241(a) loan; restructuring of Atlanta Housing Second and Third Priority Loans into a combined Permanent Loan up to $4,566,413; projected RAD HAP subsidy through March 30, 2040 is $7,208,374 assuming 3% annual increase
Document date
May 27, 2026
Term
HUD 241(a) loan term per HUD program; RAD HAP Agreement effective March 1, 2020 and expiring March 30, 2040; Ground Lease expiring October 30, 2059
Renews
On record
Source document
Housing Authority of the City of Atlanta Minutes Regular Meeting 2026-05-27 (Minutes)

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Questions about this contract

Who was awarded the financial services contract by city OF ATLANTA, Dept. of Housing and Community Development?

Columbia Estates LP was awarded this financial services contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on May 27, 2026. The contract value is $3,999,999 HUD 241(a) loan; restructuring of Atlanta Housing Second and Third Priority Loans into a combined Permanent Loan up to $4,566,413; projected RAD HAP subsidy through March 30, 2040 is $7,208,374 assuming 3% annual increase.

How much is the Columbia Estates LP contract with city OF ATLANTA, Dept. of Housing and Community Development worth?

The Columbia Estates LP contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at $3,999,999 HUD 241(a) loan; restructuring of Atlanta Housing Second and Third Priority Loans into a combined Permanent Loan up to $4,566,413; projected RAD HAP subsidy through March 30, 2040 is $7,208,374 assuming 3% annual increase, 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 Housing Authority of the City of Atlanta Minutes Regular Meeting 2026-05-27 (Minutes), dated May 27, 2026 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 Columbia Estates LP hold?

Columbia Estates LP 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.

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