HOME loan recommended for Summit Heights Phase I
City of RenoCity · Reno, NV- Disclosed value
- $942,041
- From agendapacket
- Document date
- Apr 8, 2025
The 30-second brief
The Technical Review Committee is considering recommending a $942,041 AHMLP HOME loan to Greenstreet Development, Inc. for Summit Heights Senior Apartments Phase I. The 28‑unit senior affordable housing project would carry a 30‑year affordability period and a 1% simple‑interest residual cash flow note beginning in year 16.
Greenstreet Development Inc holds this facilities contract with City of Reno. Its other public contracts on record include work for Town of Sparks.
Term as filed: Affordability period 30 years; note payable from residual cash flow at 1% simple interest beginning in year 16, amortizing over 40 years.
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Contract details
- Contract type
- Facilities
- Amount
- $942,041
- Document date
- April 8, 2025
- Term
- Affordability period 30 years; 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 2025-04-08 (AgendaPacket)
Greenstreet Development Inc's other public contracts
More City of Reno contracts
Questions about this contract
Who was awarded the facilities contract by City of Reno?
Greenstreet Development Inc was awarded this facilities contract by City of Reno, as recorded on April 8, 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 facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Washoe County HOME Consortium AgendaPacket 2025-04-08 (AgendaPacket), dated April 8, 2025 from City of Reno. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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.