Consulting Contract Approved for Woodspring Acquisition
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Description
The Board authorized a task order contract with JH Brawner and Company for up to $631,000 to consult on acquisition and asset management of Woodspring Apartments, ensuring the preservation of affordable housing and supporting due diligence and operational strategy.
Contract Details
Contract Amount
Not to exceed $631,000 (includes $466,000 acquisition consultation, $45,000 reimbursable services, $120,000 asset management)
Vendor
JH BRAWNER & COMPANY
Agency
Housing Authority of Washington county, OR
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 6, 2025
Renewal Info
Includes acquisition/transaction consultation, reimbursable third-party reports, and ongoing asset management services not to exceed $120,000. Monthly asset management fee. No auto-renewal or extension language provided.
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Issuing Agency
Local Housing Authority
Hillsboro, OR
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