Delaware County Awards Financial Services Contract to Pennrose Properties (January 2024)
Delaware CountyCounty · Media, PA- Disclosed value
- $4,257,765 loan commitment
- From agenda
- Approved
- Jan 2, 2024
- Term
- 40 years
- Renews
- Free account
The 30-second brief
Delaware County Council approved a Funding Letter of Intent committing a $4,257,765, 0% deferred-rate HOME loan over 40 years to Pennrose Properties for the LIHTC-supported redevelopment of Greenhill Court in Darby Township. The project will create 53 new affordable apartment units, subject to Solicitor approval.
Pennrose Properties holds this financial services contract with Delaware County. Its other public contracts on record include work for City of Albany and Borough of West Chester.
The renewal date is on record. A free account shows it, with the renewals for every Delaware County contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $4,257,765 loan commitment
- Document date
- January 2, 2024
- Term
- 40 years
- Renews
- Free account
- Vendor
- Pennrose Properties
- Agency
- Delaware County
- Source document
- delaware-county-agenda-2024-01-02_3a8.pdf (Agenda)
Pennrose Properties's other public contracts
More Delaware County contracts
Questions about this contract
Who was awarded the financial services contract by Delaware County?
Pennrose Properties was awarded this financial services contract by Delaware County, as recorded on January 2, 2024. The contract value is $4,257,765 loan commitment.
How much is the Pennrose Properties contract with Delaware County worth?
The Pennrose Properties contract with Delaware County is valued at $4,257,765 loan commitment, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in delaware-county-agenda-2024-01-02_3a8.pdf (Agenda), dated January 2, 2024 from Delaware County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Pennrose Properties hold?
Pennrose 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 Delaware County currently buying?
Explore Delaware County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.