FINANCIAL_SERVICESRECOMMENDED

FCRHA Recommends $8.1 Million Agape Loan

FCRHA staff recommended up to $8.1 million in subordinate loans to Wellington Development Partners affiliates for Agape Chantilly House Phase Two. The financing would support 81 affordable senior-housing units and help complete the developer’s March 2026 LIHTC application.

Document date · February 19, 2026

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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
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Up to $8,100,000; proposed structures include $5,747,646 for 47 units and $2,092,907 for 34 units
Contract type
FINANCIAL_SERVICES
Contract term
Planned financing and development of Agape Chantilly House Phase Two; project anticipated for completion in 2027
Renewal date
2027-12-31
Renewal
New subordinate financing would be structured in 4% and 9% LIHTC components. Phase One previously received an FCRHA loan authorization of up to $9.4 million in January 2025.
Document type
AgendaPacket
Source document
Fairfax County Redevelopment and Housing Authority AgendaPacket 2026-02-19

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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?

Wellington Development Partners was awarded this financial services contract by Fairfax county Redevelopment & Hsg Authority, as recorded on February 19, 2026. The contract value is Up to $8,100,000; proposed structures include $5,747,646 for 47 units and $2,092,907 for 34 units.

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

The Wellington Development Partners contract with Fairfax county Redevelopment & Hsg Authority is valued at Up to $8,100,000; proposed structures include $5,747,646 for 47 units and $2,092,907 for 34 units, 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 2026-02-19 (AgendaPacket), dated February 19, 2026 from Fairfax county Redevelopment & Hsg Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wellington Development Partners hold?

Wellington Development Partners 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 Wellington Development Partners's profile

What is Fairfax county Redevelopment & Hsg Authority currently buying?

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