CONTRACTRECOMMENDED

Greenstreet Development Backed by Summit Heights HOME Loan

City of Reno logoCity of Reno
Document date
May 13, 2026

The 30-second brief

What it covers

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.

Who holds it

Greenstreet Development Inc holds this financial services contract with City of Reno. Its other public contracts on record include work for Town of Sparks.

What happens next

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
Source document
Washoe County HOME Consortium AgendaPacket Director’s Meeting 2026-05-13 (AgendaPacket)

Greenstreet Development Inc's other public contracts

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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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