CONTRACTAPPROVED

Miami Dade Public Housing And Community Dev Awards $3,600,000 Bridge Loan Contract to Sterling Bank (January 2020)

Miami Dade Public Housing And Community Dev logoMiami Dade Public Housing And Community Dev
Disclosed value
$3,600,000
From report
Approved
Jan 16, 2020
Term
Up to 30 months

The 30-second brief

What it covers

Sterling Bank to provide $3.6M bridge loan to HFAMD for Borinquen Apartments construction period with monthly interest only payments.

Who holds it

Sterling Bank holds this bridge loan contract with Miami Dade Public Housing And Community Dev. Its other public contracts on record include work for City of Wood Village and Milltown village.

What happens next

Term as filed: Up to 30 months.

See who signed off on this $3.6M contract.

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Contract details

Contract type
Bridge Loan
Amount
$3,600,000
Document date
January 16, 2020
Term
Up to 30 months
Source document
housing-finance-authority-of-miami-dade-county-credit-underwriting-report-january-16-2020_ab4.pdf (Report)

Sterling Bank's other public contracts

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Questions about this contract

Who was awarded the bridge loan contract by Miami Dade Public Housing And Community Dev?

Sterling Bank was awarded this bridge loan contract by Miami Dade Public Housing And Community Dev, as recorded on January 16, 2020. The contract value is $3,600,000.

How much is the Sterling Bank contract with Miami Dade Public Housing And Community Dev worth?

The Sterling Bank contract with Miami Dade Public Housing And Community Dev is valued at $3,600,000, covering bridge loan work.

What type of contract is this?

This is a Bridge Loan contract, documented as a report record.

Where was this contract approved?

This contract appears in housing-finance-authority-of-miami-dade-county-credit-underwriting-report-january-16-2020_ab4.pdf (Report), dated January 16, 2020 from Miami Dade Public Housing And Community Dev. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sterling Bank hold?

Sterling Bank 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 Miami Dade Public Housing And Community Dev currently buying?

Explore Miami Dade Public Housing And Community Dev's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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