city OF ATLANTA, Dept. of Housing and Community Development Awards $10,500,000 Loan Commitment Contract to Evergreen Real Estate (September 2022)
city OF ATLANTA, Dept. of Housing and Community DevelopmentLocal Housing Authority · Atlanta, GA- Disclosed value
- $10,500,000
- From minutes
- Approved
- Sep 28, 2022
- Term
- 3 years
The 30-second brief
Evergreen Real Estate Group secures $10.5 million loan for Peachtree 360 Phase I construction. The project will create 170 rental units, with 51 units receiving HomeFlex assistance. The loan term is 3 years at 1% interest, with 50% of net distributable cash flow.
Evergreen Real Estate holds this loan commitment contract with city OF ATLANTA, Dept. of Housing and Community Development. Its other public contracts on record include work for Holland village and Housing Authority Cook county.
Term as filed: 3 years.
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Contract details
- Contract type
- Loan Commitment
- Amount
- $10,500,000
- Document date
- September 28, 2022
- Term
- 3 years
- Vendor
- Evergreen Real Estate
- Source document
- housing-authority-of-the-city-of-atlanta-board-minutes-september-28-2022_239.pdf (Minutes)
Evergreen Real Estate's other public contracts
More city OF ATLANTA, Dept. of Housing and Community Development contracts
Questions about this contract
Who was awarded the loan commitment contract by city OF ATLANTA, Dept. of Housing and Community Development?
Evergreen Real Estate was awarded this loan commitment contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on September 28, 2022. The contract value is $10,500,000.
How much is the Evergreen Real Estate contract with city OF ATLANTA, Dept. of Housing and Community Development worth?
The Evergreen Real Estate contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at $10,500,000, covering loan commitment work.
What type of contract is this?
This is a Loan Commitment contract, documented as a minutes record.
Where was this contract approved?
This contract appears in housing-authority-of-the-city-of-atlanta-board-minutes-september-28-2022_239.pdf (Minutes), dated September 28, 2022 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 Evergreen Real Estate hold?
Evergreen Real Estate 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.