CONTRACTAPPROVED

city OF ATLANTA, Dept. of Housing and Community Development Awards $3,450,000 Loan Contract to Integral Development (April 2024)

city OF ATLANTA, Dept. of Housing and Community Development logocity OF ATLANTA, Dept. of Housing and Community Development
Disclosed value
$3,450,000
From minutes
Approved
Apr 24, 2024
Term
47 years

The 30-second brief

What it covers

The Housing Authority of the City of Atlanta approved a $3,450,000 loan to Integral Development LLC at 1% interest for 47 years, including a 24-month construction term and a 45-year permanent term, to support their 9% Low-Income Housing Tax Credit application for the 1 Peachtree project.

Who holds it

Integral Development holds this loan contract with city OF ATLANTA, Dept. of Housing and Community Development. Its other public contracts on record include work for Housing Authority of the city of ATLANTA Georgia.

What happens next

Term as filed: 47 years.

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Contract details

Contract type
Loan
Amount
$3,450,000
Document date
April 24, 2024
Term
47 years
Source document
housing-authority-of-the-city-of-atlanta-board-of-commissioners-meeting-minutes-april-24-2024_53d.pdf (Minutes)

Integral Development's other public contracts

More city OF ATLANTA, Dept. of Housing and Community Development contracts

Questions about this contract

Who was awarded the loan contract by city OF ATLANTA, Dept. of Housing and Community Development?

Integral Development was awarded this loan contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on April 24, 2024. The contract value is $3,450,000.

How much is the Integral Development contract with city OF ATLANTA, Dept. of Housing and Community Development worth?

The Integral Development contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at $3,450,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a minutes record.

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-atlanta-board-of-commissioners-meeting-minutes-april-24-2024_53d.pdf (Minutes), dated April 24, 2024 from city OF ATLANTA, Dept. of Housing and Community Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Integral Development hold?

Integral Development 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 ATLANTA, Dept. of Housing and Community Development currently buying?

Explore city OF ATLANTA, Dept. of Housing and Community Development's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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