City Adds Madison Terrace LLC as Grant Developer
City of Lake Worth BeachCity · Lake Worth Beach, FL- Disclosed value
- $640,000
- From agenda
- Document date
- Aug 20, 2026
- Renews
- Free account
The 30-second brief
Through a Second Amendment to its Affordable Housing Development and Grant Agreement, the City of Lake Worth Beach will allow $640,000 in CRA funding for the Madison Terrace Phase I project to be paid directly to Madison Terrace, LLC as the developer. The amendment aligns payment timing and project completion deadlines with LIHTC program requirements and clarifies the recording of affordability covenants.
Madison Terrace LLC holds this financial services contract with City of Lake Worth Beach. Its other public contracts on record include work for City of Lake Worth Beach, City Hall.
The renewal date is on record. A free account shows it, with the renewals for every City of Lake Worth Beach contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $640,000
- Document date
- August 20, 2026
- Term
- Twenty-six (26) months from October 16, 2024 or until disbursement of funds upon completion and certificate of occupancy, whichever occurs first
- Renews
- Free account
- Vendor
- Madison Terrace LLC
- Agency
- City of Lake Worth Beach
- Source document
- City of Lake Worth Beach Agenda 2026-08-25 (Agenda)
Madison Terrace LLC's other public contracts
More City of Lake Worth Beach contracts
Questions about this contract
Who was awarded the financial services contract by City of Lake Worth Beach?
Madison Terrace LLC was awarded this financial services contract by City of Lake Worth Beach, as recorded on August 20, 2026. The contract value is $640,000.
How much is the Madison Terrace LLC contract with City of Lake Worth Beach worth?
The Madison Terrace LLC contract with City of Lake Worth Beach is valued at $640,000, 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 City of Lake Worth Beach Agenda 2026-08-25 (Agenda), dated August 20, 2026 from City of Lake Worth Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Madison Terrace LLC hold?
Madison Terrace 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.
What is City of Lake Worth Beach currently buying?
Explore City of Lake Worth Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.