Connecticut Department of Housing Awards $40,355,750 Mortgage Financing Contract to Hopmeadow Development (November 2023)
Connecticut Department of HousingLocal Housing Authority · Hartford, CT- Disclosed value
- $40,355,750
- From minutes
- Approved
- Nov 30, 2023
- Term
- 24 months
The 30-second brief
Hopmeadow Development, Inc. secures $40.3 million mortgage financing for MLK Apartments construction and rehabilitation project in Hartford, CT. The financing includes a construction loan of $21.08 million and a construction-to-permanent loan of $19.27 million.
Hopmeadow Development holds this mortgage financing contract with Connecticut Department of Housing.
Term as filed: 24 months.
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Contract details
- Contract type
- Mortgage Financing
- Amount
- $40,355,750
- Document date
- November 30, 2023
- Term
- 24 months
- Vendor
- Hopmeadow Development
- Source document
- connecticut-housing-finance-authority-board-minutes-november-30-2023_6ff.pdf (Minutes)
Hopmeadow Development's other public contracts
More Connecticut Department of Housing contracts
Questions about this contract
Who was awarded the mortgage financing contract by Connecticut Department of Housing?
Hopmeadow Development was awarded this mortgage financing contract by Connecticut Department of Housing, as recorded on November 30, 2023. The contract value is $40,355,750.
How much is the Hopmeadow Development contract with Connecticut Department of Housing worth?
The Hopmeadow Development contract with Connecticut Department of Housing is valued at $40,355,750, covering mortgage financing work.
What type of contract is this?
This is a Mortgage Financing contract, documented as a minutes record.
Where was this contract approved?
This contract appears in connecticut-housing-finance-authority-board-minutes-november-30-2023_6ff.pdf (Minutes), dated November 30, 2023 from Connecticut Department of Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hopmeadow Development hold?
Hopmeadow Development 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 Connecticut Department of Housing currently buying?
Explore Connecticut Department of Housing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.