Fairfax county Redevelopment & Hsg Authority Awards Financial Services Contract to Wesley Housing Development Corporation (October 2026)

The FCRHA previously approved up to $9.7 million in subordinate financing for Wesley Housing Development Corporation’s Kindred Crossing Project. The financing is being split between a ground lease acquisition loan and a Blueprint Loan for the 95-unit senior housing development.

Document date · October 5, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Up to $9,700,000 in FCRHA subordinate financing

Contract type

FINANCIAL_SERVICES

Contract term

Not specified; loans remain outstanding until maturity or full repayment

Renewal

The financing remains outstanding until the applicable loan maturity or full repayment; the ground lease acquisition loan carries 0% interest and the Blueprint Loan carries 2% simple interest.

Document type

AgendaPacket

Source document

Fairfax County Redevelopment and Housing Authority Agenda Packet Committee of the Whole Meeting 2026-10-15

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?

Wesley Housing Development Corporation was awarded this financial services contract by Fairfax county Redevelopment & Hsg Authority, as recorded on October 5, 2026. The contract value is Up to $9,700,000 in FCRHA subordinate financing.

How much is the Wesley Housing Development Corporation contract with Fairfax county Redevelopment & Hsg Authority worth?

The Wesley Housing Development Corporation contract with Fairfax county Redevelopment & Hsg Authority is valued at Up to $9,700,000 in FCRHA subordinate financing, 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 Agenda Packet Committee of the Whole Meeting 2026-10-15 (AgendaPacket), dated October 5, 2026 from Fairfax county Redevelopment & Hsg Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wesley Housing Development Corporation hold?

Wesley Housing Development Corporation 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 Wesley Housing Development Corporation's profile

What is Fairfax county Redevelopment & Hsg Authority currently buying?

Explore Fairfax county Redevelopment & Hsg Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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