City of Goshen Awards $2,340,000 Economic Development Revenue Bond Contract to Greenwood Rental Properties (March 2022)
City of GoshenCity · Goshen, IN- Disclosed value
- $2,340,000
- From minutes
- Approved
- Mar 7, 2022
- Term
- 20 years
The 30-second brief
Greenwood Properties secured $2.34M bond for housing project, committing 20% of units to essential workers. The bond term is 20 years with 0% interest, and 75% of new TIF revenue will be pledged back to the developer.
Greenwood Rental Properties holds this economic development revenue bond contract with City of Goshen.
Term as filed: 20 years.
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Contract details
- Contract type
- Economic Development Revenue Bond
- Amount
- $2,340,000
- Document date
- March 7, 2022
- Term
- 20 years
- Agency
- City of Goshen
- Source document
- city-of-goshen-common-council-meeting-minutes-march-7-2022_f75.pdf (Minutes)
Greenwood Rental Properties's other public contracts
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Questions about this contract
Who was awarded the economic development revenue bond contract by City of Goshen?
Greenwood Rental Properties was awarded this economic development revenue bond contract by City of Goshen, as recorded on March 7, 2022. The contract value is $2,340,000.
How much is the Greenwood Rental Properties contract with City of Goshen worth?
The Greenwood Rental Properties contract with City of Goshen is valued at $2,340,000, covering economic development revenue bond work.
What type of contract is this?
This is a Economic Development Revenue Bond contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-goshen-common-council-meeting-minutes-march-7-2022_f75.pdf (Minutes), dated March 7, 2022 from City of Goshen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Greenwood Rental Properties hold?
Greenwood Rental Properties 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 Goshen currently buying?
Explore City of Goshen's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.