CONSTRUCTIONAPPROVED

Delaware State Housing Authority Awards Construction Contract to Riverside Housing Partnership Llc (September 2025)

The Council on Housing approved permanent financing to Riverside Housing Partnership LLC for Imani Village Phase V, allocating $1.48 million as a first mortgage and $3.48 million as a second deferred loan, both for 30 years, supporting new senior housing construction in Wilmington, DE.

Status
APPROVED
Document date
September 9, 2025
Contract type
CONSTRUCTION
Vendor
Riverside Housing Partnership Llc
Agency
Delaware State Housing Authority · DE

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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
$1,482,520 (first mortgage), $3,480,000 (second loan)
Contract type
CONSTRUCTION
Contract term
30 years
Renewal date
2055-09-09
Renewal
Financing for a 30-year term. Extensions or restructuring subject to future Council actions at end of term.
Document type
Minutes
Source document
Council on Housing Meeting Minutes September 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Delaware State Housing Authority?

Riverside Housing Partnership Llc was awarded this construction contract by Delaware State Housing Authority, as recorded on September 9, 2025. The contract value is $1,482,520 (first mortgage), $3,480,000 (second loan).

How much is the Riverside Housing Partnership Llc contract with Delaware State Housing Authority worth?

The Riverside Housing Partnership Llc contract with Delaware State Housing Authority is valued at $1,482,520 (first mortgage), $3,480,000 (second loan), covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Council on Housing Meeting Minutes September 2025 (Minutes), dated September 9, 2025 from Delaware State Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Riverside Housing Partnership Llc hold?

Riverside Housing Partnership 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.

View Riverside Housing Partnership Llc's profile

What is Delaware State Housing Authority currently buying?

Explore Delaware State Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Delaware State Housing Authority's profile

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