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City of Racine Awards Financial Services Contract to Brinshore Development (December 2021)

City of Racine logoCity of Racine
Disclosed value
Up to $300,000 at 1% interest
From agenda
Approved
Dec 7, 2021
Term
20-year term
Renews
Free account

The 30-second brief

What it covers

The City of Racine authorized an amended HOME Multifamily Loan of up to $300,000 at 1% interest over 20 years to Brinshore Development for the St. Paul Commons housing project. Loan documents and related agreements will be executed at closing following completion of project financing and environmental review.

Who holds it

Brinshore Development holds this financial services contract with City of Racine. Its other public contracts on record include work for Omaha Housing Authority and City of Park.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Racine contract.

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Contract details

Contract type
Financial Services
Amount
Up to $300,000 at 1% interest
Document date
December 7, 2021
Term
20-year term
Renews
Free account
Vendor
Brinshore Development
Agency
City of Racine
Source document
city_of_racine_common_council_meeting_agenda_final.pdf (Agenda)

Brinshore Development's other public contracts

Omaha Housing Authority, NebraskaOHA Procures Brinshore for RAD Development Services · Oct 27, 2026UndisclosedOmaha Housing Authority, NebraskaOHA Procures Brinshore for RAD Development Services · Oct 27, 2026UndisclosedCity of Park, UtahPark City Pursues Five-Acre Redevelopment with Brinshore · Sep 30, 2026UndisclosedCity of Phoenix, ArizonaBoard Considers Moreland II Housing Loan Modification · Sep 24, 2026UndisclosedNebraska Investment Finance Authority, NebraskaArbor Flats Seeks CRANE Tax Credit Reservation · Aug 28, 2026$990KAll Brinshore Development contractsVendor profile

More City of Racine contracts

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Questions about this contract

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

Brinshore Development was awarded this financial services contract by City of Racine, as recorded on December 7, 2021. The contract value is Up to $300,000 at 1% interest.

How much is the Brinshore Development contract with City of Racine worth?

The Brinshore Development contract with City of Racine is valued at Up to $300,000 at 1% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_racine_common_council_meeting_agenda_final.pdf (Agenda), dated December 7, 2021 from City of Racine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Brinshore Development hold?

Brinshore Development 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 Racine currently buying?

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

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