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Cleveland Proposes Development Loans for HOVR Property Project

City of Cleveland logoCity of Cleveland
Document date
Nov 9, 2026

The 30-second brief

What it covers

Cleveland proposed loan agreements with HOVR Holdings LLC to help acquire and renovate the vacant building at 7000 Central Avenue. The assistance would include a forgivable Urban Development Action grant Repayments loan and a non-forgivable EDA Title IX loan.

Who holds it

Hovr Holdings LLC holds this financial services contract with City of Cleveland.

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Contract details

Contract type
Financial Services
Document date
November 9, 2026
Vendor
Hovr Holdings LLC
Agency
City of Cleveland
Source document
Cleveland City Council Agenda City Council Meeting 2026-11-09 (Agenda)

Hovr Holdings LLC's other public contracts

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Questions about this contract

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

Hovr Holdings LLC was awarded this financial services contract by City of Cleveland, as recorded on November 9, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Cleveland City Council Agenda City Council Meeting 2026-11-09 (Agenda), dated November 9, 2026 from City of Cleveland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hovr Holdings LLC hold?

Hovr Holdings 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.

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