CONTRACTAPPROVED

city OF ATLANTA, Dept. of Housing and Community Development Awards $600,000 Construction Loan Contract to Atlanta Neighborhood Development Partnership (July 2024)

city OF ATLANTA, Dept. of Housing and Community Development logocity OF ATLANTA, Dept. of Housing and Community Development
Disclosed value
$600,000
From minutes
Approved
Jul 25, 2024
Term
20 years

The 30-second brief

What it covers

AH to provide $600,000 construction loan to ANDP at 2% interest for affordable housing development in Vine City. Developer to repay $460,000, with $140,000 converting to forgivable loan for qualified homebuyers.

Who holds it

Atlanta Neighborhood Development Partnership holds this construction loan contract with city OF ATLANTA, Dept. of Housing and Community Development. Its other public contracts on record include work for Housing Authority of the city of ATLANTA Georgia.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Construction Loan
Amount
$600,000
Document date
July 25, 2024
Term
20 years
Source document
housing-authority-of-the-city-of-atlanta-board-minutes-july-25-2024_6a1.pdf (Minutes)

Atlanta Neighborhood Development Partnership's other public contracts

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Questions about this contract

Who was awarded the construction loan contract by city OF ATLANTA, Dept. of Housing and Community Development?

Atlanta Neighborhood Development Partnership was awarded this construction loan contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on July 25, 2024. The contract value is $600,000.

How much is the Atlanta Neighborhood Development Partnership contract with city OF ATLANTA, Dept. of Housing and Community Development worth?

The Atlanta Neighborhood Development Partnership contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at $600,000, covering construction loan work.

What type of contract is this?

This is a Construction Loan contract, documented as a minutes record.

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-atlanta-board-minutes-july-25-2024_6a1.pdf (Minutes), dated July 25, 2024 from city OF ATLANTA, Dept. of Housing and Community Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Atlanta Neighborhood Development Partnership hold?

Atlanta Neighborhood Development Partnership 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 ATLANTA, Dept. of Housing and Community Development currently buying?

Explore city OF ATLANTA, Dept. of Housing and Community Development's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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