CONTRACTAWARDED

Broward County Awards Financial Services Contract to Rbc Community Investments LLC (December 2024)

Broward County logoBroward County
Disclosed value
Housing Credit equity: up to $19,194,582 (in stages)
From meeting minutes
Awarded
Dec 18, 2024

The 30-second brief

What it covers

RBC Community Investments, LLC will provide up to $19.2 million in housing tax credit equity for the Driftwood Terrace affordable housing development, in exchange for a 99.99% partnership interest.

Who holds it

Rbc Community Investments LLC holds this financial services contract with Broward County. Its other public contracts on record include work for North Carolina Department of State Treasurer | State of North Carolina and City of Stamford.

What happens next

Term as filed: Per equity agreement, installments tied to milestones; final installment after IRS Form 8609 issued (est. 2026 or later).

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Contract details

Contract type
Financial Services
Amount
Housing Credit equity: up to $19,194,582 (in stages)
Document date
December 18, 2024
Term
Per equity agreement, installments tied to milestones; final installment after IRS Form 8609 issued (est. 2026 or later)
Source document
broward-county-housing-authoritymeeting-minutes2024-12-18_55c.pdf (Meeting Minutes)

Rbc Community Investments LLC's other public contracts

More Broward County contracts

Questions about this contract

Who was awarded the financial services contract by Broward County?

Rbc Community Investments LLC was awarded this financial services contract by Broward County, as recorded on December 18, 2024. The contract value is Housing Credit equity: up to $19,194,582 (in stages).

How much is the Rbc Community Investments LLC contract with Broward County worth?

The Rbc Community Investments LLC contract with Broward County is valued at Housing Credit equity: up to $19,194,582 (in stages), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in broward-county-housing-authoritymeeting-minutes2024-12-18_55c.pdf (Meeting Minutes), dated December 18, 2024 from Broward County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Rbc Community Investments LLC hold?

Rbc Community Investments LLC 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 Broward County currently buying?

Explore Broward County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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