HOME Loan Modified For George’s Creek Homes Rehab

The Department of Development plans to assign and modify HOME loan documents for the 6300 George’s Creek Drive rental project to George’s Creek Homes Rehab, LLC, cutting the interest rate to 2.0% and forgiving up to $1,491,729.30 in accrued interest. The action restructures financing to support continued affordability.

Document date · June 22, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Forgiveness of up to $1,491,729.30 in accrued and unpaid interest

Contract type

FINANCIAL_SERVICES

Document type

Minutes

Source document

City of Columbus Minutes Regular Meeting No. 31 2026-06-22

Related contracts

Other contracts from George’s Creek Homes Rehab Llc.

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Ohio Housing Finance Agency Resolution Resolution No. 2027-17 George's Creek Project 2026-10-15

APPROVED

Ohio Housing Finance Agency | State of Ohio, OhioNot to exceed $12,000,000Oct 15, 2026

City of Columbus Minutes - Final Columbus City Council 2026-06-29

AMENDED

City of Columbus, Ohio$0.00Jun 29, 2026

City of Columbus Agenda - Final Columbus City Council 2026-06-22

AMENDED

City of Columbus, OhioForgiveness of up to $1,491,729.30 accrued interestJun 22, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

George’s Creek Homes Rehab Llc was awarded this financial services contract by City of Columbus, as recorded on June 22, 2026. The contract value is Forgiveness of up to $1,491,729.30 in accrued and unpaid interest.

How much is the George’s Creek Homes Rehab Llc contract with City of Columbus worth?

The George’s Creek Homes Rehab Llc contract with City of Columbus is valued at Forgiveness of up to $1,491,729.30 in accrued and unpaid interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Columbus Minutes Regular Meeting No. 31 2026-06-22 (Minutes), dated June 22, 2026 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does George’s Creek Homes Rehab Llc hold?

George’s Creek Homes Rehab 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.

View George’s Creek Homes Rehab Llc's profile

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