Pennrose Asset Management Fee Added
city OF ATLANTA, Dept. of Housing and Community DevelopmentLocal Housing Authority · Atlanta, GA- Disclosed value
- $7,500 annually (asset management fee, as operating expense; rental phases only)
- From report
- Document date
- Feb 23, 2022
The 30-second brief
The Herndon Square MDA 2nd Amendment formalizes Pennrose LLC’s role, providing an annual $7,500 asset management fee for rental phases as an operating expense. This engagement supports ongoing program management and asset oversight for the mixed-income community.
Pennrose LLC holds this professional services contract with city OF ATLANTA, Dept. of Housing and Community Development. Its other public contracts on record include work for City of Torrington.
Term as filed: Annual fee; ongoing for rental phases subject to HUD approval.
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Contract details
- Contract type
- Professional Services
- Amount
- $7,500 annually (asset management fee, as operating expense; rental phases only)
- Document date
- February 23, 2022
- Term
- Annual fee; ongoing for rental phases subject to HUD approval
- Vendor
- Pennrose LLC
- Source document
- atlanta-housing-report-herndon-square-2nd-amendment-to-mda-february-23-2022_917.pdf (Report)
Pennrose LLC's other public contracts
More city OF ATLANTA, Dept. of Housing and Community Development contracts
Questions about this contract
Who was awarded the professional services contract by city OF ATLANTA, Dept. of Housing and Community Development?
Pennrose LLC was awarded this professional services contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on February 23, 2022. The contract value is $7,500 annually (asset management fee, as operating expense; rental phases only).
How much is the Pennrose LLC contract with city OF ATLANTA, Dept. of Housing and Community Development worth?
The Pennrose LLC contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at $7,500 annually (asset management fee, as operating expense; rental phases only), covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a report record.
Where was this contract approved?
This contract appears in atlanta-housing-report-herndon-square-2nd-amendment-to-mda-february-23-2022_917.pdf (Report), dated February 23, 2022 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 Pennrose LLC hold?
Pennrose 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 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.