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City Funding Recalled for Oak Forest Pointe Project

Town of Raleigh logoTown of Raleigh
Disclosed value
$2,500,000
From meeting minutes
Awarded
Nov 16, 2021

The 30-second brief

What it covers

Raleigh previously awarded $2.5 million to Carolina Project Equities to help construct the Oak Forest Pointe affordable senior housing project on Oak Forest Road. This historical funding is referenced in connection with a Raleigh Housing Authority bond issuance for the same development.

Who holds it

Carolina Project Equities holds this contract with Town of Raleigh. Its other public contracts on record include work for Housing Authority of the county of Wake and Housing Authority of the city of Raleigh.

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Contract details

Amount
$2,500,000
Document date
November 16, 2021
Vendor
Carolina Project Equities
Agency
Town of Raleigh
Source document
town-of-raleigh-meeting-minutes-2021-11-16_1b2.txt (Meeting Minutes)

Carolina Project Equities's other public contracts

Housing Authority of the county of Wake, North CarolinaCarolina Project Equities to get $17 million bonds · Mar 27, 2025$17MHousing Authority of the city of Raleigh, North CarolinaSumner Pointe $17M Construction Approved · Mar 27, 2025$17MHousing Authority of the city of Raleigh, North CarolinaThe Pointe at Town Center II $21M Construction Approved · Mar 27, 2025$21MHousing Authority of the county of Wake, North CarolinaCarolina Project Equities to get $21 million bonds · Mar 27, 2025$21MTown of Raleigh, IllinoisFunding Approved for Oak Forest Pointe Housing · Nov 16, 2021$2.5MAll Carolina Project Equities contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Town of Raleigh?

Carolina Project Equities was awarded this government contract by Town of Raleigh, as recorded on November 16, 2021. The contract value is $2,500,000.

How much is the Carolina Project Equities contract with Town of Raleigh worth?

The Carolina Project Equities contract with Town of Raleigh is valued at $2,500,000.

What type of contract is this?

This is a government contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-raleigh-meeting-minutes-2021-11-16_1b2.txt (Meeting Minutes), dated November 16, 2021 from Town of Raleigh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Carolina Project Equities hold?

Carolina Project Equities 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 Town of Raleigh currently buying?

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

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