FINANCIAL_SERVICESAPPROVED

City of Shreveport city Awards Financial Services Contract to Coventry Place Limited Partnership (May 2022)

The Shreveport City Council approved subordination of its $800,000 HOME loan mortgage for the Coventry Place Apartments by authorizing the Mayor to sign a Subordination Agreement with Coventry Place Limited Partnership and its senior lender. This action allows new senior financing while preserving the City’s subordinate lien position.

Document date · May 10, 2022

Track City of Shreveport city contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Shreveport city.

Get started free

Create a free account · no credit card

Trusted by 200+ enterprise customers and 1,000+ teams on the free plan

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$800,000 (original HOME program loan)
Contract type
FINANCIAL_SERVICES
Contract term
Loan originated in 2001 for construction of Coventry Place Apartments; current action subordinates existing mortgage to senior lenders
Renewal
The original HOME loan and mortgage remain in effect on a subordinated basis; the subordination agreement adjusts lien priority but does not specify new maturity or renewal terms.
Document type
Agenda
Source document
City of Shreveport City Council Meeting Agenda May 2022

Related contracts

Other contracts from Coventry Place Limited Partnership.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Shreveport city?

Coventry Place Limited Partnership was awarded this financial services contract by City of Shreveport city, as recorded on May 10, 2022. The contract value is $800,000 (original HOME program loan).

How much is the Coventry Place Limited Partnership contract with City of Shreveport city worth?

The Coventry Place Limited Partnership contract with City of Shreveport city is valued at $800,000 (original HOME program loan), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Shreveport City Council Meeting Agenda May 2022 (Agenda), dated May 10, 2022 from City of Shreveport city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Coventry Place Limited Partnership hold?

Coventry Place Limited Partnership may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Coventry Place Limited Partnership's profile

What is City of Shreveport city currently buying?

Explore City of Shreveport city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Shreveport city's profile