FINANCIAL_SERVICESPENDING

FCRHA Considers $12 Million Franconia Development Loan

The FCRHA is considering loans of up to $12 million to Franconia Development Partners, LLC for redevelopment of the former Franconia Governmental Center. The proposed financing requires Fairfax County Board of Supervisors approval and would be combined with tax credits, Virginia Housing mortgages, state funds, and a deferred developer fee.

Document date · September 9, 2026

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Up to $12,000,000
Contract type
FINANCIAL_SERVICES
Document type
AgendaPacket
Source document
Fairfax County Redevelopment and Housing Authority AgendaPacket Committee of the Whole Meeting 2026-09-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Fairfax county Redevelopment & Hsg Authority?

Franconia Development Partners Llc was awarded this financial services contract by Fairfax county Redevelopment & Hsg Authority, as recorded on September 9, 2026. The contract value is Up to $12,000,000.

How much is the Franconia Development Partners Llc contract with Fairfax county Redevelopment & Hsg Authority worth?

The Franconia Development Partners Llc contract with Fairfax county Redevelopment & Hsg Authority is valued at Up to $12,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Fairfax County Redevelopment and Housing Authority AgendaPacket Committee of the Whole Meeting 2026-09-09 (AgendaPacket), dated September 9, 2026 from Fairfax county Redevelopment & Hsg Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Franconia Development Partners Llc hold?

Franconia Development Partners Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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