No HOME funding recommended for Summit Heights Phase II
City of RenoCity · Reno, NV- Document date
- Apr 8, 2025
The 30-second brief
Greenstreet Development, Inc. requested a $1,000,000 AHMLP HOME loan for Summit Heights Senior Apartments Phase II, but staff recommended no funding for this phase in the 2025/2026 allocation. The project would have mirrored Phase I’s 30‑year affordability and 1% residual cash flow loan structure if funded.
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 (as proposed).
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Facilities
- 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 (as proposed)
- 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.
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.
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.
Show 1 more question
What is City of Reno currently buying?
Explore City of Reno's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.