City of Brooksville Awards $1,500,000 Financial Services Contract to Summit Villas Senior Lllp (August 2026)

Brooksville Housing Authority issued a $1,500,000 loan commitment to Summit Villas Senior, LLLP on August 13, 2026 to finance construction of the Summit Villas affordable housing project in Brooksville. The 50-year, non-amortizing loan carries 3% interest from cash flow and is secured by a subordinate mortgage, with commitment valid through December 31, 2027.

Document date · August 18, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$1,500,000

Contract type

FINANCIAL_SERVICES

Contract term

50-year term

Renewal date

2027-12-31

Renewal

Commitment expires December 31, 2027 unless borrower secures other financing; lender may extend closing date at its discretion.

Document type

AgendaPacket

Source document

Brooksville Housing Authority AgendaPacket 2026-08-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Brooksville?

Summit Villas Senior Lllp was awarded this financial services contract by City of Brooksville, as recorded on August 18, 2026. The contract value is $1,500,000.

How much is the Summit Villas Senior Lllp contract with City of Brooksville worth?

The Summit Villas Senior Lllp contract with City of Brooksville is valued at $1,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Brooksville Housing Authority AgendaPacket 2026-08-18 (AgendaPacket), dated August 18, 2026 from City of Brooksville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Summit Villas Senior Lllp hold?

Summit Villas Senior Lllp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Summit Villas Senior Lllp's profile

What is City of Brooksville currently buying?

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

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