County Recommends Town Center HOME Loan Assumption

Clackamas County recommended approving a no-cost HOME loan assumption amendment with SWC Town Center LLC for the Town Center Station affordable housing project. SWC Town Center LLC would assume the County loan, which had an outstanding balance of $476,792.64 including accrued interest as of the proposed 2026 effective date.

Document date · October 4, 2026

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Scope & details

The full contract record, as filed.

Contract amount

No cost to the County; outstanding HOME Loan amount of $476,792.64 including principal and accrued interest

Contract type

FINANCIAL_SERVICES

Contract term

Effective on the date executed in 2026; continues under the amended HOME Loan Documents until repayment or other termination under those documents

Renewal

Amends and assigns the existing HOME Loan Documents; no renewal option or automatic renewal clause stated.

Document type

StaffReport

Source document

Clackamas County StaffReport HOME Loan Assumption and Subordination 2026-10-08

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Clackamas County?

Swc Town Center Llc was awarded this financial services contract by Clackamas County, as recorded on October 4, 2026. The contract value is No cost to the County; outstanding HOME Loan amount of $476,792.64 including principal and accrued interest.

How much is the Swc Town Center Llc contract with Clackamas County worth?

The Swc Town Center Llc contract with Clackamas County is valued at No cost to the County; outstanding HOME Loan amount of $476,792.64 including principal and accrued interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Clackamas County StaffReport HOME Loan Assumption and Subordination 2026-10-08 (StaffReport), dated October 4, 2026 from Clackamas County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Swc Town Center Llc hold?

Swc Town Center Llc 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 Swc Town Center Llc's profile

What is Clackamas County currently buying?

Explore Clackamas County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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