FINANCIAL_SERVICESONGOING

CEDAC Provides Predevelopment Loan for Housing Project

Community Economic Development Assistance Corporation is providing predevelopment financing for the 108 Water Street project. The budget lists a $688,190 CEDAC predevelopment loan and $25,981 in deferred interest.

Document date · October 14, 2026

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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
$688,190 CEDAC predevelopment loan; $25,981 deferred loan interest
Contract type
FINANCIAL_SERVICES
Renewal
Loan repayment and maturity terms were not stated.
Document type
AgendaPacket
Source document
City of Watertown AgendaPacket Community Preservation Committee Meeting 2026-10-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Watertown?

Community Economic Development Assistance Corporation was awarded this financial services contract by City of Watertown, as recorded on October 14, 2026. The contract value is $688,190 CEDAC predevelopment loan; $25,981 deferred loan interest.

How much is the Community Economic Development Assistance Corporation contract with City of Watertown worth?

The Community Economic Development Assistance Corporation contract with City of Watertown is valued at $688,190 CEDAC predevelopment loan; $25,981 deferred loan interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Watertown AgendaPacket Community Preservation Committee Meeting 2026-10-15 (AgendaPacket), dated October 14, 2026 from City of Watertown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Economic Development Assistance Corporation hold?

Community Economic Development Assistance Corporation 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 Community Economic Development Assistance Corporation's profile

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