CONTRACTAPPROVED

City of Charlotte Awards Financial Services Contract to National Church Residences (September 2020)

City of Charlotte logoCity of Charlotte
Disclosed value
Not to exceed $3,246,000 (through INLIVIAN bonds)
From agenda
Approved
Sep 14, 2020

The 30-second brief

What it covers

Charlotte will confirm its prior authorization for INLIVIAN to issue up to $3,246,000 in multi-family housing revenue bonds so National Church Residences can acquire and rehabilitate Midland Commons Apartments. The administrative action ensures compliance with federal tax code after pandemic-related financing delays.

Who holds it

National Church Residences holds this financial services contract with City of Charlotte. Its other public contracts on record include work for Ohio Housing Finance Agency | State of Ohio and Manhattan Housing Authority.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $3,246,000 (through INLIVIAN bonds)
Document date
September 14, 2020
Source document
city_council_business_meeting_agenda_september_14.pdf (Agenda)

National Church Residences's other public contracts

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Questions about this contract

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

National Church Residences was awarded this financial services contract by City of Charlotte, as recorded on September 14, 2020. The contract value is Not to exceed $3,246,000 (through INLIVIAN bonds).

How much is the National Church Residences contract with City of Charlotte worth?

The National Church Residences contract with City of Charlotte is valued at Not to exceed $3,246,000 (through INLIVIAN bonds), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in city_council_business_meeting_agenda_september_14.pdf (Agenda), dated September 14, 2020 from City of Charlotte. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does National Church Residences hold?

National Church Residences 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 Charlotte currently buying?

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

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