city OF ATLANTA, Dept. of Housing and Community Development Awards $16,600,000 Purchase Money Mortgage Contract to Columbia Residential (March 2024)
city OF ATLANTA, Dept. of Housing and Community DevelopmentLocal Housing Authority · Atlanta, GA- Disclosed value
- $16,600,000
- From resolution
- Approved
- Mar 27, 2024
- Term
- 37 years
The 30-second brief
Housing Authority approves $16.6 million mortgage for Cosby Spear Highrise rehabilitation, with a 37-year term and 0.5% compound interest. The project aims to convert the property to Section 8-based funding through HUD's RAD program.
Columbia Residential holds this purchase money mortgage 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.
Term as filed: 37 years.
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Contract details
- Contract type
- Purchase Money Mortgage
- Amount
- $16,600,000
- Document date
- March 27, 2024
- Term
- 37 years
- Vendor
- Columbia Residential
- Source document
- housing-authority-of-the-city-of-atlanta-resolution-24-18_e20.pdf (Resolution)
Columbia Residential's other public contracts
More city OF ATLANTA, Dept. of Housing and Community Development contracts
Questions about this contract
Who was awarded the purchase money mortgage contract by city OF ATLANTA, Dept. of Housing and Community Development?
Columbia Residential was awarded this purchase money mortgage contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on March 27, 2024. The contract value is $16,600,000.
How much is the Columbia Residential contract with city OF ATLANTA, Dept. of Housing and Community Development worth?
The Columbia Residential contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at $16,600,000, covering purchase money mortgage work.
What type of contract is this?
This is a Purchase Money Mortgage contract, documented as a resolution record.
Where was this contract approved?
This contract appears in housing-authority-of-the-city-of-atlanta-resolution-24-18_e20.pdf (Resolution), dated March 27, 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 Columbia Residential hold?
Columbia Residential 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.