Greenstreet Development Backed by Summit Heights HOME Loan
- Document date
- May 13, 2026
The 30-second brief
Greenstreet Development Inc., developer of Summit Heights Senior Apartments, is slated to benefit from a recommended $650,000 HOME AHMLP loan for Phase II, in addition to a prior $1,000,000 Phase I commitment. The financing carries long-term, low-interest terms tied to a 50-year affordability period for senior affordable units.
Greenstreet Development Inc holds this financial services contract with City of Reno. Its other public contracts on record include work for Town of Sparks.
Term as filed: 50 Years affordability; 1% simple interest soft note, amortized over 40 years beginning in year 16.
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Contract details
- Contract type
- Financial Services
- Document date
- May 13, 2026
- Term
- 50 Years affordability; 1% simple interest soft note, amortized over 40 years beginning in year 16
- Agency
- City of Reno
- Source document
- Washoe County HOME Consortium AgendaPacket Director’s Meeting 2026-05-13 (AgendaPacket)
Greenstreet Development Inc's other public contracts
More City of Reno contracts
Questions about this contract
Who was awarded the financial services contract by City of Reno?
Greenstreet Development Inc was awarded this financial services contract by City of Reno, as recorded on May 13, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Washoe County HOME Consortium AgendaPacket Director’s Meeting 2026-05-13 (AgendaPacket), dated May 13, 2026 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.
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What is City of Reno currently buying?
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