Trust Loan to HRI Proposed for Housing Rehabilitation Amendment

Cambridge’s Affordable Housing Trust previously provided Homeowners Rehab, Inc. with $2,798,000 for acquisition, preservation, and rehabilitation of Inman Square Apartments and CAST II. The existing loan is proposed for amendment and combination with new rehabilitation financing.

Document date · July 23, 2026

Track City of Cambridge contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Cambridge.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

$2,798,000

Contract type

FINANCIAL_SERVICES

Contract term

Existing loan; proposed to be amended and restated into a 50-year combined permanent loan

Renewal date

2076-12-31

Renewal

Proposed amendment and restatement into a single permanent loan with new Trust funding; 50-year term and affordability covenant extension.

Document type

StaffReport

Source document

City of Cambridge StaffReport CAST I, CAST II + Inman Square Apartments Construction Funding Request 2026-07-23

Related contracts

Other contracts from Homeowners Rehab Inc (hri).

View all →

Cambridge Affordable Housing Trust Agenda 2026-09-24

ONGOING

City of Cambridge, MassachusettsSep 24, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Homeowners Rehab Inc (hri) was awarded this financial services contract by City of Cambridge, as recorded on July 23, 2026. The contract value is $2,798,000.

How much is the Homeowners Rehab Inc (hri) contract with City of Cambridge worth?

The Homeowners Rehab Inc (hri) contract with City of Cambridge is valued at $2,798,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Cambridge StaffReport CAST I, CAST II + Inman Square Apartments Construction Funding Request 2026-07-23 (StaffReport), dated July 23, 2026 from City of Cambridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Homeowners Rehab Inc (hri) hold?

Homeowners Rehab Inc (hri) 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 Homeowners Rehab Inc (hri)'s profile

What is City of Cambridge currently buying?

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

View City of Cambridge's profile