CONTRACTAPPROVED

City of Iowa Awards $5,100,000 Financial Services Contract to Central at Orchard Court LP (September 2026)

Disclosed value: $5,100,000; From agenda
Approved: Sep 1, 2026

What it covers

The Council will approve a $5.1 million Purchase Money Loan Agreement with Central at Orchard Court, L.P. to finance construction of 183 affordable housing units under the Low Income Housing Tax Credit program. The City’s loan carries a 1% interest rate funded by fee-in-lieu payments.

Who holds it

Central at Orchard Court LP holds this financial services contract with City of Iowa. Its other public contracts on record include work for Iowa Arts Council | State of Iowa and Iowa Finance Authority.

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Contract details

Contract type: Financial Services
Amount: $5,100,000
Document date: September 1, 2026
Vendor: Central at Orchard Court LP
Agency: City of Iowa
Source document: Iowa City City Council Formal Agenda 2026-09-01 (Agenda)

Central at Orchard Court LP's other public contracts

Iowa Arts Council | State of Iowa, IowaBoard Authorizes $45 Million Orchard Court Bonds · Nov 4, 2026 Iowa Finance Authority, IowaIowa Finance Authority Approves $45 Million Housing Loan · Oct 7, 2026 City of Iowa, IowaIowa City Approves Loan Agreement With Central Orchard Court · Sep 15, 2026Undisclosed City of Iowa, Iowa$5.1M affordable housing loan approved for Orchard Court · Sep 1, 2026$5.1M City of Iowa, IowaPurchase Money Loan Agreement Approved · Sep 1, 2026Undisclosed All Central at Orchard Court LP contractsVendor profile

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Questions about this contract

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

Central at Orchard Court LP was awarded this financial services contract by City of Iowa, as recorded on September 1, 2026. The contract value is $5,100,000.

How much is the Central at Orchard Court LP contract with City of Iowa worth?

The Central at Orchard Court LP contract with City of Iowa is valued at $5,100,000, covering financial services work.

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 Iowa City City Council Formal Agenda 2026-09-01 (Agenda), dated September 1, 2026 from City of Iowa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Central at Orchard Court LP hold?

Central at Orchard Court LP 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 Iowa currently buying?

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

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