FINANCIAL_SERVICESAPPROVED

City of Opelika Awards Financial Services Contract to Home Ownership Loan Program (August 2026)

The Opelika City Council’s CDBG Action Plan assigns $50,000 in PY2026 and an added $74,709.13 into PY2025 to its Homeownership Loan Program. The program offers down payment and closing cost assistance to low- and moderate-income first-time homebuyers within the city.

Status
APPROVED
Document date
August 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Home Ownership Loan Program
Agency
City of Opelika · AL

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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
$50,000.00 (PY2026 CDBG allocation) plus $74,709.13 transferred into PY2025
Contract type
FINANCIAL_SERVICES
Contract term
Program Years 2025 and 2026 for down payment and closing cost assistance
Renewal date
2027-09-30
Renewal
Program is planned through the 2025–2029 Consolidated Plan; annual funding levels are set each program year.
Document type
AgendaPacket
Source document
City of Opelika AgendaPacket 2026-08-04

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Opelika?

Home Ownership Loan Program was awarded this financial services contract by City of Opelika, as recorded on August 4, 2026. The contract value is $50,000.00 (PY2026 CDBG allocation) plus $74,709.13 transferred into PY2025.

How much is the Home Ownership Loan Program contract with City of Opelika worth?

The Home Ownership Loan Program contract with City of Opelika is valued at $50,000.00 (PY2026 CDBG allocation) plus $74,709.13 transferred into PY2025, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Opelika AgendaPacket 2026-08-04 (AgendaPacket), dated August 4, 2026 from City of Opelika. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Home Ownership Loan Program hold?

Home Ownership Loan Program 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 Home Ownership Loan Program's profile

What is City of Opelika currently buying?

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

View City of Opelika's profile

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