Civic IQ
CONTRACTAPPROVED
Get alerts

City of Charlottesville Awards $3,850,000 Financial Services Contract to Piedmont Housing Alliance (July 2026)

City of Charlottesville logoCity of Charlottesville
Disclosed value
$3,850,000
From agendapacket
Approved
Jul 20, 2026
Term
99 years affordability requirement
Renews
Free account

The 30-second brief

What it covers

Charlottesville approved a $3,850,000 forgivable loan to Piedmont Housing Alliance to redevelop 501 Cherry Avenue into a mixed-use project with 71 affordable rental units, a grocery, and Music Resource Center space. The agreement requires affordability for 99 years and ongoing reporting.

Who holds it

Piedmont Housing Alliance holds this financial services contract with City of Charlottesville. Its other public contracts on record include work for Charlottesville-Albemarle MPO.

What happens next

The renewal date is on record. Get free alerts for pre-RFPs like this one, matched to what you sell.

Renewal date on recordLocked

Get pre-RFPs for work like this before the bid is out.

Get pre-RFP alerts free

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$3,850,000
Document date
July 20, 2026
Term
99 years affordability requirement
Renews
On record
Vendor
Piedmont Housing Alliance
Agency
City of Charlottesville
Source document
City of Charlottesville AgendaPacket 2026-07-20 (AgendaPacket)

Piedmont Housing Alliance's other public contracts

City of Charlottesville, VirginiaCharlottesville Awards Piedmont Housing $231,176 · Oct 5, 2026$231.2KCharlottesville-Albemarle MPO, VirginiaPHA Guided TJPDC Housing Grant Setup · Sep 3, 2026UndisclosedCharlottesville-Albemarle MPO, VirginiaPHA Supports TJPDC Housing Program · Sep 3, 2026UndisclosedCity of Charlottesville, VirginiaPiedmont Housing Alliance receives CAHF affordability grant · Jul 31, 2026$231.2KCity of Charlottesville, VirginiaGrant deepens affordability at 1025 Park Street · Jul 20, 2026$231.2KAll Piedmont Housing Alliance contractsVendor profile

More City of Charlottesville contracts

Fiberlight LLCCharlottesville Considers Five-Year FiberLight Franchise Renewal · Oct 15, 2026UndisclosedFiberlight LLCCharlottesville to Renew FiberLight Franchise Agreement · Oct 15, 2026UndisclosedTJPDCCharlottesville Partners With TJPDC on HOME Program · Oct 13, 2026UndisclosedBurruss SignsCharlottesville Plans Park Signage with Burruss Signs · Oct 12, 2026UndisclosedEocene Environmental GroupCharlottesville Partners with Eocene on Urban Forest Plan · Oct 12, 2026UndisclosedAll City of Charlottesville activityAgency profile

Questions about this contract

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

Piedmont Housing Alliance was awarded this financial services contract by City of Charlottesville, as recorded on July 20, 2026. The contract value is $3,850,000.

How much is the Piedmont Housing Alliance contract with City of Charlottesville worth?

The Piedmont Housing Alliance contract with City of Charlottesville is valued at $3,850,000, 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 City of Charlottesville AgendaPacket 2026-07-20 (AgendaPacket), dated July 20, 2026 from City of Charlottesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Piedmont Housing Alliance hold?

Piedmont Housing Alliance 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 Charlottesville currently buying?

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

Work in government? Get Civic IQ free →
More City of Charlottesville contracts →Browse all agencies in Virginia →