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City of Oak Ridge Awards $15,000,000 Loan Contract to Community Preservation (June 2022)

City of Oak Ridge logoCity of Oak Ridge
Disclosed value
$15,000,000
From agenda
Approved
Jun 6, 2022

The 30-second brief

What it covers

Community Preservation Partners is set to purchase the project, allocating over $60,000 per unit (totaling 100 units) for improvements. These include upgrades to windows, flooring, appliances, new air conditioners, outdoor amenities like playgrounds and dog parks, and enhanced accessibility features. The property's management will be taken over by Elmington Property Management.

Who holds it

Community Preservation holds this loan contract with City of Oak Ridge. Its other public contracts on record include work for Town of Marbletown and Housing Authority of the city of Gainesville.

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Contract details

Contract type
Loan
Amount
$15,000,000
Document date
June 6, 2022
Term
NA
Vendor
Community Preservation
Agency
City of Oak Ridge
Source document
city-of-oak-ridge-agenda-2022-06-06_56c.pdf (Agenda)

Community Preservation's other public contracts

Town of Marbletown, New YorkCommunity Preservation mowing contract approved for $2,700 · Dec 2, 2025$2.7KTown of Marbletown, New YorkCommunity Preservation voucher payment approved · Oct 21, 2025$2.9KTown of Marbletown, New YorkCommunity Preservation voucher payment approved · Oct 7, 2025$2.9KHousing Authority of the city of Gainesville, GeorgiaGainesville Housing partners with Community Preservation Partners · Oct 2, 2025UndisclosedHousing Authority of the city of Gainesville, GeorgiaCommunity Preservation Partners MOU approved for private enterprise agreement · Oct 2, 2025UndisclosedAll Community Preservation contractsVendor profile

More City of Oak Ridge contracts

Waste ConnectionsCouncil Discusses Fall Leaf Schedule With Waste Connections · Oct 25, 2026UndisclosedComplete Construction ManagementOak Ridge Proposes Complete Construction Substation Grading · Oct 12, 2026Clark NexsenOak Ridge Approves Clark Nexsen A.K. Bissell Park Agreement · Oct 12, 2026J.G. Mullins Construction Company IncOak Ridge Adds $25,042 To J.G. Mullins Road Contract · Oct 12, 2026Clark NexenClark Nexsen Design Contract Proposed for Water Plant Facility · Oct 12, 2026$107.7KAll City of Oak Ridge activityAgency profile

Questions about this contract

Who was awarded the loan contract by City of Oak Ridge?

Community Preservation was awarded this loan contract by City of Oak Ridge, as recorded on June 6, 2022. The contract value is $15,000,000.

How much is the Community Preservation contract with City of Oak Ridge worth?

The Community Preservation contract with City of Oak Ridge is valued at $15,000,000, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-oak-ridge-agenda-2022-06-06_56c.pdf (Agenda), dated June 6, 2022 from City of Oak Ridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Community Preservation hold?

Community Preservation 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 Oak Ridge currently buying?

Explore City of Oak Ridge's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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