Florida Housing Finance Corporation Awards Financial Services Contract to Sovereign at Harbor West Llc (April 2026)

Florida Housing plans to approve financing for Sovereign at Harbor West, LLC with $4.45 million in MMRN debt, a $6.17 million HOME loan, and associated tax credits. The action also authorizes bond resolutions and an ownership structure change so staff can finalize the firm commitment and close the loans by August 1, 2026.

Scope & details

The full contract record, as filed.

Contract amount

MMRN $4,450,000; HOME $6,173,749; HC-4% $517,025

Contract type

FINANCIAL_SERVICES

Contract term

Firm loan commitment issuance deadline currently August 1, 2026

Renewal date

2026-08-01

Renewal

Multiple prior extensions and waivers have pushed the firm loan commitment deadline to August 1, 2026; this action moves the project toward firm commitment and closing.

Document type

Report

Source document

Florida Housing Finance Corporation Sovereign at Harbor West Credit Underwriting Report April 2026

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Charlotte County Board of County Commissioners Agenda 2026-07-28

PENDING

Charlotte County, FloridaJul 28, 2026

Charlotte County Board of County Commissioners Agenda 2026-07-28

APPROVED

Charlotte County, FloridaJul 26, 2026

Florida Housing Finance Corporation Information Items Agenda Packet 2026-06-26

APPROVED

Florida Housing Finance Corporation, Florida$6,173,749.00Jun 23, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Florida Housing Finance Corporation?

Sovereign at Harbor West Llc was awarded this financial services contract by Florida Housing Finance Corporation, as recorded on April 20, 2026. The contract value is MMRN $4,450,000; HOME $6,173,749; HC-4% $517,025.

How much is the Sovereign at Harbor West Llc contract with Florida Housing Finance Corporation worth?

The Sovereign at Harbor West Llc contract with Florida Housing Finance Corporation is valued at MMRN $4,450,000; HOME $6,173,749; HC-4% $517,025, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Florida Housing Finance Corporation Sovereign at Harbor West Credit Underwriting Report April 2026 (Report), dated April 20, 2026 from Florida Housing Finance Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sovereign at Harbor West Llc hold?

Sovereign at Harbor West 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.

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What is Florida Housing Finance Corporation currently buying?

Explore Florida Housing Finance Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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