FINANCIAL_SERVICESAMENDED

CDBG Loan Extension Approved for Concord Historic Associates

The Community Development Advisory Committee approved a modification to Concord Historic Associates Limited Partnership’s CDBG loan. The approved change extends the loan from July 28, 2032, to July 28, 2052, increasing expected repayment from approximately $561,031 to $684,565 to support long-term affordable senior housing preservation and renovations.

Document date · September 23, 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
Repayment increased from approximately $561,031 to $684,565, an increase of approximately $123,534
Contract type
FINANCIAL_SERVICES
Contract term
Extended from July 28, 2032 to July 28, 2052; 20 additional years
Renewal date
2052-07-28
Renewal
Loan term amended with a 20-year extension; all other note terms remain unchanged. The modification supports subordination to new financing and anticipated LIHTC financing.
Document type
Minutes
Source document
City of Concord Minutes Community Development Advisory Committee Meeting Minutes 2026-09-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Concord Area Transit?

Concord Historic Associates Limited Partnership was awarded this financial services contract by Concord Area Transit, as recorded on September 23, 2026. The contract value is Repayment increased from approximately $561,031 to $684,565, an increase of approximately $123,534.

How much is the Concord Historic Associates Limited Partnership contract with Concord Area Transit worth?

The Concord Historic Associates Limited Partnership contract with Concord Area Transit is valued at Repayment increased from approximately $561,031 to $684,565, an increase of approximately $123,534, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Concord Minutes Community Development Advisory Committee Meeting Minutes 2026-09-23 (Minutes), dated September 23, 2026 from Concord Area Transit. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Concord Historic Associates Limited Partnership hold?

Concord Historic Associates 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 Concord Historic Associates Limited Partnership's profile

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