New College Housing Debt Refinancing Recommended
Florida Board of Governors Facilities Committee | State of FloridaState · Tallahassee, FL- Disclosed value
- Approximately $15.57M outstanding housing system debt
- From staffreport
- Document date
- Nov 3, 2026
The 30-second brief
New College plans to refinance approximately $15.57 million in housing system debt currently held by Truist Bank. The refinancing is included in the proposed student housing acquisition and debt restructuring plan recommended by Board of Governors staff.
Truist Bank holds this financial services contract with Florida Board of Governors Facilities Committee | State of Florida. Its other public contracts on record include work for Westchase Community Development District and Artisan Lakes Community Development District.
Term as filed: Existing debt held since 2006; proposed refinancing through 10-year financing.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $15.57M outstanding housing system debt
- Document date
- November 3, 2026
- Term
- Existing debt held since 2006; proposed refinancing through 10-year financing
- Vendor
- Truist Bank
- Source document
- State University System of Florida Board of Governors Staff Report Student Housing Transfer & Refinancing 2026-11-03 (StaffReport)
Truist Bank's other public contracts
More Florida Board of Governors Facilities Committee | State of Florida contracts
Questions about this contract
Who was awarded the financial services contract by Florida Board of Governors Facilities Committee | State of Florida?
Truist Bank was awarded this financial services contract by Florida Board of Governors Facilities Committee | State of Florida, as recorded on November 3, 2026. The contract value is Approximately $15.57M outstanding housing system debt.
How much is the Truist Bank contract with Florida Board of Governors Facilities Committee | State of Florida worth?
The Truist Bank contract with Florida Board of Governors Facilities Committee | State of Florida is valued at Approximately $15.57M outstanding housing system debt, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in State University System of Florida Board of Governors Staff Report Student Housing Transfer & Refinancing 2026-11-03 (StaffReport), dated November 3, 2026 from Florida Board of Governors Facilities Committee | State of Florida. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Truist Bank hold?
Truist Bank 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 Florida Board of Governors Facilities Committee | State of Florida currently buying?
Explore Florida Board of Governors Facilities Committee | State of Florida's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.