Housing Authority of the Birmingham District Board Meeting Agenda Packet March 2026
HABD approves 20-year HAP subsidy for Legacy at Graymont
Trusted by teams at
Description
The Board approved moving forward with the Smithfield Court Phase 1 CNI and RAD/Section 18 transaction, under which HABD will subsidize The Legacy at Graymont School with 80 project-based vouchers estimated to deliver $22 million over an initial 20-year HAP contract. The President/CEO is authorized to execute all necessary closing documents.
Contract Details
Contract Amount
Estimated $22,000,000 over 20-year HAP contract
Vendor
LEGACY AT GRAYMONT SCHOOL
Agency
Housing Authority of the Birmingham District, AL
Contract Type
OTHER
Document Date
March 19, 2026
Contract Term
Initial 20-year Housing Assistance Payments (HAP) contract
Renewal Info
Initial HAP contract term is 20 years with an estimated subsidy of $22 million; potential renewal options are not specified.
Issuing Agency
Housing Authority of the Birmingham District
Local Housing Authority
Birmingham, AL
More from Housing Authority of the Birmingham District
Housing Authority of the Birmingham District AgendaPacket Special Meeting 2026-05-28
Housing Authority of the Birmingham District Board Meeting Agenda Packet March 2026
Housing Authority of the Birmingham District Board Meeting Agenda Packet March 2026
housing_authority_of_birmingham_district_board_mee.pdf
housing_authority_of_birmingham_district_board_mee.pdf
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.