FINANCIAL_SERVICESAWARDED

City of St. Albans Awards $685,000 Financial Services Contract to Champlain Housing Trust (May 2026)

St. Albans City will subgrant $685,000 in Community Development Block Grant funds to Champlain Housing Trust to continue the Champlain Housing Loan Fund, providing home repair financing and counseling services for low- and moderate-income homeowners and landlords. The agreement runs from December 12, 2025 through December 31, 2026 and supports rehabilitation of 26 units plus housing counseling activities.

Status
AWARDED
Document date
May 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Champlain Housing Trust
Agency
City of St. Albans · VT

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$685,000
Contract type
FINANCIAL_SERVICES
Contract term
Award Start Date: 12/12/2025 – Award End Date: 12/31/2026
Renewal date
2026-12-31
Renewal
Single CDBG grant-funded subgrant under VCDP; any continuation beyond 12/31/2026 would require a new grant award and subgrant agreement. Program income will continue in a revolving loan fund governed by a Closeout Agreement per VCDP procedures.
Document type
Agenda
Source document
St. Albans City Council Regular Meeting Agenda May 11, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of St. Albans?

Champlain Housing Trust was awarded this financial services contract by City of St. Albans, as recorded on May 11, 2026. The contract value is $685,000.

How much is the Champlain Housing Trust contract with City of St. Albans worth?

The Champlain Housing Trust contract with City of St. Albans is valued at $685,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in St. Albans City Council Regular Meeting Agenda May 11, 2026 (Agenda), dated May 11, 2026 from City of St. Albans. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Champlain Housing Trust hold?

Champlain Housing Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Champlain Housing Trust's profile

What is City of St. Albans currently buying?

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

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