CONTRACTAPPROVED

city OF ATLANTA, Dept. of Housing and Community Development Awards $16,500,000 Loan Contract to Herndon Homes Developer (July 2023)

city OF ATLANTA, Dept. of Housing and Community Development logocity OF ATLANTA, Dept. of Housing and Community Development
Disclosed value
$16,500,000
From minutes
Approved
Jul 26, 2023
Term
43 years

The 30-second brief

What it covers

AH provides $16.5M loan to Herndon Homes Developer for Herndon Square II, supporting infrastructure and construction costs with a 43-year term.

Who holds it

Herndon Homes Developer holds this loan 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.

What happens next

Term as filed: 43 years.

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Contract details

Contract type
Loan
Amount
$16,500,000
Document date
July 26, 2023
Term
43 years
Source document
housing-authority-of-the-city-of-atlanta-board-minutes-july-26-2023_9fd.pdf (Minutes)

Herndon Homes Developer's other public contracts

More city OF ATLANTA, Dept. of Housing and Community Development contracts

Questions about this contract

Who was awarded the loan contract by city OF ATLANTA, Dept. of Housing and Community Development?

Herndon Homes Developer was awarded this loan contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on July 26, 2023. The contract value is $16,500,000.

How much is the Herndon Homes Developer contract with city OF ATLANTA, Dept. of Housing and Community Development worth?

The Herndon Homes Developer contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at $16,500,000, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-atlanta-board-minutes-july-26-2023_9fd.pdf (Minutes), dated July 26, 2023 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 Herndon Homes Developer hold?

Herndon Homes Developer 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.

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