Loan Recommended for Summit Heights Senior Phase I
City of RenoCity · Reno, NV- Disclosed value
- $942,041
- From agendapacket
- Document date
- Apr 24, 2025
The 30-second brief
The Washoe County HOME Consortium plans a $942,041 HOME AHMLP loan to Greenstreet Development, Inc. for Summit Heights Senior Apartments Phase I. The 28-unit senior project will include five HOME-restricted units with a 30-year affordability period and repayment from residual cash flow at 1% interest.
Greenstreet Development Inc holds this construction contract with City of Reno. Its other public contracts on record include work for Town of Sparks.
Term as filed: 30-year affordability period; note payable from residual cash flow at 1% simple interest beginning in year 16, amortizing over 40 years.
See who signed off on this $942K contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Construction
- Amount
- $942,041
- Document date
- April 24, 2025
- Term
- 30-year affordability period; note payable from residual cash flow at 1% simple interest beginning in year 16, amortizing over 40 years
- Agency
- City of Reno
- Source document
- Washoe County Home Consortium AgendaPacket Director's Meeting 2025-04-24 (AgendaPacket)
Greenstreet Development Inc's other public contracts
More City of Reno contracts
Questions about this contract
Who was awarded the construction contract by City of Reno?
Greenstreet Development Inc was awarded this construction contract by City of Reno, as recorded on April 24, 2025. The contract value is $942,041.
How much is the Greenstreet Development Inc contract with City of Reno worth?
The Greenstreet Development Inc contract with City of Reno is valued at $942,041, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Washoe County Home Consortium AgendaPacket Director's Meeting 2025-04-24 (AgendaPacket), dated April 24, 2025 from City of Reno. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Greenstreet Development Inc hold?
Greenstreet Development Inc 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 Reno currently buying?
Explore City of Reno's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.