FWHS Considers OGC SN Multifamily Exchange MOU
Housing Authority of Fort WorthLocal Housing Authority · Fort Worth, TX- Disclosed value
- $175,000 initial annual ground lease payment, escalating 3% annually; $250,000 master contractor fee; general contractor fee not to exceed 5% of actual construction costs; $750,000 acquisition fee
- From agenda
- Document date
- Feb 26, 2026
The 30-second brief
Fort Worth Housing Solutions is considering an MOU with OGC SN Multifamily, LP for development of The Exchange. The draft terms provide for a 296-unit mixed-income project, a $175,000 escalating annual ground lease, construction and acquisition fees, and at least 15 years of affordability restrictions.
Ogc Sn Multifamily LP holds this contract with Housing Authority of Fort Worth.
Term as filed: MOU effective February 2026; minimum 15-year affordability period beginning when the final certificate of occupancy is issued.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Amount
- $175,000 initial annual ground lease payment, escalating 3% annually; $250,000 master contractor fee; general contractor fee not to exceed 5% of actual construction costs; $750,000 acquisition fee
- Document date
- February 26, 2026
- Term
- MOU effective February 2026; minimum 15-year affordability period beginning when the final certificate of occupancy is issued
- Vendor
- Ogc Sn Multifamily LP
- Source document
- Fort Worth Housing Solutions Agenda 2026-02-26 (Agenda)
Ogc Sn Multifamily LP's other public contracts
More Housing Authority of Fort Worth contracts
Questions about this contract
Who was awarded the government contract by Housing Authority of Fort Worth?
Ogc Sn Multifamily LP was awarded this government contract by Housing Authority of Fort Worth, as recorded on February 26, 2026. The contract value is $175,000 initial annual ground lease payment, escalating 3% annually; $250,000 master contractor fee; general contractor fee not to exceed 5% of actual construction costs; $750,000 acquisition fee.
How much is the Ogc Sn Multifamily LP contract with Housing Authority of Fort Worth worth?
The Ogc Sn Multifamily LP contract with Housing Authority of Fort Worth is valued at $175,000 initial annual ground lease payment, escalating 3% annually; $250,000 master contractor fee; general contractor fee not to exceed 5% of actual construction costs; $750,000 acquisition fee.
What type of contract is this?
This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Fort Worth Housing Solutions Agenda 2026-02-26 (Agenda), dated February 26, 2026 from Housing Authority of Fort Worth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Ogc Sn Multifamily LP hold?
Ogc Sn Multifamily LP 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 Housing Authority of Fort Worth currently buying?
Explore Housing Authority of Fort Worth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.