Fifth Third Construction Loan Awaits Whispering Oaks Conversion
Florida Housing Finance CorporationState Housing Authority · Tallahassee, FL- Disclosed value
- $30,000,000 construction first mortgage; $17,305,000 permanent first mortgage referenced at closing
- From report
- Document date
- Nov 6, 2026
The 30-second brief
Fifth Third provided Whispering Oaks’ construction first mortgage and currently holds the mortgage note pending conversion. The proposed Capital One/Freddie Mac financing would replace the existing permanent financing.
Fifth Third holds this financial services contract with Florida Housing Finance Corporation. Its other public contracts on record include work for Ohio Tuition Trust Authority Investment Board | State of Ohio and Cincinnati Metropolitian Housing Authority.
Term as filed: Construction financing closed September 28, 2023; permanent financing conversion anticipated under the 2026 term sheet.
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Contract details
- Contract type
- Financial Services
- Amount
- $30,000,000 construction first mortgage; $17,305,000 permanent first mortgage referenced at closing
- Document date
- November 6, 2026
- Term
- Construction financing closed September 28, 2023; permanent financing conversion anticipated under the 2026 term sheet
- Vendor
- Fifth Third
- Source document
- Florida Housing Finance Corporation Report Information Items Table of Contents 2026-11-06 (Report)
Fifth Third's other public contracts
More Florida Housing Finance Corporation contracts
Questions about this contract
Who was awarded the financial services contract by Florida Housing Finance Corporation?
Fifth Third was awarded this financial services contract by Florida Housing Finance Corporation, as recorded on November 6, 2026. The contract value is $30,000,000 construction first mortgage; $17,305,000 permanent first mortgage referenced at closing.
How much is the Fifth Third contract with Florida Housing Finance Corporation worth?
The Fifth Third contract with Florida Housing Finance Corporation is valued at $30,000,000 construction first mortgage; $17,305,000 permanent first mortgage referenced at closing, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in Florida Housing Finance Corporation Report Information Items Table of Contents 2026-11-06 (Report), dated November 6, 2026 from Florida Housing Finance Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Fifth Third hold?
Fifth Third 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 Housing Finance Corporation currently buying?
Explore Florida Housing Finance Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.