Accomack County Agenda Board of Supervisors Regular Meeting 2026-05-20
County Weighs Third Extension of Accomack Manor Loan
Trusted by teams at
Description
Accomack County is considering a third amendment to its deed of trust note with Accomack Manor, LLC to extend the loan maturity date to September 30, 2026. The extension allows additional time for DHCD to review and approve related legal documents tied to the original $630,000 infrastructure loan for the Accomack Manor apartment complex.
Contract Details
Contract Amount
$630,000 principal plus 1% simple interest
Vendor
ACCOMACK MANOR LLC
Agency
Accomack County, VA
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
Contract Term
Original maturity November 3, 2025; previously extended to January 31, 2026, then May 31, 2026; proposed extension to September 30, 2026
Renewal Date
2026-09-30
Renewal Info
Original note dated November 3, 2005 with 20‑year term to November 3, 2025 at 1% simple interest; first amendment extended to January 31, 2026; second amendment extended to May 31, 2026; proposed third amendment would extend maturity to September 30, 2026, subject to execution by Accomack Manor, LLC and DHCD concurrence on a participation agreement.
More from ACCOMACK MANOR LLC
Related Contracts
More from Accomack County
Accomack County Agenda Board of Supervisors Regular Meeting 2026-05-20
Accomack County Agenda Board of Supervisors Regular Meeting 2026-05-20
Accomack County Wetlands Board Meeting Agenda April 2026
Accomack County Wetlands Board Meeting Agenda April 2026
Accomack County Wetlands Board Meeting Agenda April 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.