Boston Capital proposes LIHTC equity for Martel School | City of Lewiston | BOSTON CAPITAL

Scope & details

The full contract record, as filed.

Contract amount

$7,479,252 (proposed equity contributions)

Contract type

FINANCIAL_SERVICES

Contract term

Capital contributions tied to tax credit reservation, construction milestones, and occupancy events through approximately 2022

Renewal

Offer is contingent on receipt of a tax credit reservation and full underwriting and committee approval; no automatic renewal terms are specified.

Document type

Agenda

Source document

City of Lewiston Planning Board Meeting Agenda August 10 2020

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Boston Capital was awarded this financial services contract by City of Lewiston, as recorded on August 10, 2020. The contract value is $7,479,252 (proposed equity contributions).

How much is the Boston Capital contract with City of Lewiston worth?

The Boston Capital contract with City of Lewiston is valued at $7,479,252 (proposed equity contributions), 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 Lewiston Planning Board Meeting Agenda August 10 2020 (Agenda), dated August 10, 2020 from City of Lewiston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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