PROFESSIONAL_SERVICESDISCUSSSED

Housing Authority reviews proposed JT Klein partnership

The Stoughton Housing Authority agenda packet includes a non-binding term sheet for a proposed affordable or workforce housing partnership with JT Klein Company, Inc. Under the contemplated structure, JT Klein would develop and manage a tax-credit supported project through a special purpose entity, with fees and revenue sharing subject to investor and lender approval.

Document date · May 15, 2025

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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 type
PROFESSIONAL_SERVICES
Contract term
At least 40-year term for contemplated subordinate loans; duration of tax credit compliance period plus exit options
Renewal
Nonprofit retains ownership in the managing member through the tax credit compliance period; after that JT Klein or affiliates may acquire the Nonprofit’s interest for $100 and may purchase the subordinate loan notes at a discounted present value. The term sheet is expressly non-binding and subject to change before financial closing.
Document type
AgendaPacket
Source document
Stoughton Housing Authority AgendaPacket 2025-05-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Stoughton?

Jt Klein Company Inc was awarded this professional services contract by City of Stoughton, as recorded on May 15, 2025.

What type of contract is this?

This is a Professional Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Stoughton Housing Authority AgendaPacket 2025-05-15 (AgendaPacket), dated May 15, 2025 from City of Stoughton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jt Klein Company Inc hold?

Jt Klein Company 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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