CONTRACTONGOING

City Backs Caleb Penacook Phase 2 with $600K RLF Loan

City of Concord logoCity of Concord
Disclosed value
$600,000 RLF loan; plus $698,000 Invest NH grant (external program)
From minutes
Document date
Nov 16, 2022

The 30-second brief

What it covers

The Caleb Group’s Penacook Landing Phase 2 project is backed by a $600,000 City revolving loan fund contribution alongside a $698,000 Invest NH award, bringing the total development budget to $6.2 million. Construction of the 20-unit housing project is in progress and expected to finish in late 2023.

Who holds it

Caleb Group holds this financial services contract with City of Concord. Its other public contracts on record include work for Topsfield Public Schools MA and Oxford Unorganized Territory Public Schools.

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Contract details

Contract type
Financial Services
Amount
$600,000 RLF loan; plus $698,000 Invest NH grant (external program)
Document date
November 16, 2022
Source document
City of Concord Community Development Advisory Committee Minutes 2022-11-16 (Minutes)

Caleb Group's other public contracts

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Questions about this contract

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

Caleb Group was awarded this financial services contract by City of Concord, as recorded on November 16, 2022. The contract value is $600,000 RLF loan; plus $698,000 Invest NH grant (external program).

How much is the Caleb Group contract with City of Concord worth?

The Caleb Group contract with City of Concord is valued at $600,000 RLF loan; plus $698,000 Invest NH grant (external program), 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 Community Development Advisory Committee Minutes 2022-11-16 (Minutes), dated November 16, 2022 from City of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Caleb Group hold?

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

What is City of Concord currently buying?

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

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