Loanapproved

City of Charlotte Awards $1,000,000 Loan Contract to South Creek Development (May 2025)

$1 million HOME Investment Partnerships Program allocation is approved for a bridge loan to South Creek Development, LLC, for Albemarle Landing Apartments development.

Status
approved
Document date
May 27, 2025
Contract type
Loan
Vendor
South Creek Development
Agency
City of Charlotte · NC

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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
$1,000,000
Contract type
Loan
Contract term
NA
Document type
Minutes
Source document
city-of-charlotte-city-council-business-meeting-minutes-may-27-2025_76b.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the loan contract by City of Charlotte?

South Creek Development was awarded this loan contract by City of Charlotte, as recorded on May 27, 2025. The contract value is $1,000,000.

How much is the South Creek Development contract with City of Charlotte worth?

The South Creek Development contract with City of Charlotte is valued at $1,000,000, 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 city-of-charlotte-city-council-business-meeting-minutes-may-27-2025_76b.pdf (Minutes), dated May 27, 2025 from City of Charlotte. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does South Creek Development hold?

South Creek 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.

View South Creek Development's profile

What is City of Charlotte currently buying?

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

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