FINANCIAL_SERVICESONGOING

CHA Plans Bond Refinancing of Bank of America Debt

The Housing Authority is preparing to refinance its Bank of America debt through a planned bond issuance. The proposed financing includes $29,168,877 for the existing debt and additional proceeds for renovations and parking-lot reconstruction.

Document date · September 27, 2026

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Derivita logo
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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
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WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
$14,258,002.36 approved loan amount; $29,168,877 proposed refinance component
Contract type
FINANCIAL_SERVICES
Contract term
Existing loan maturity December 1, 2027; proposed refinance term 10 to 15 years
Renewal date
2027-12-01
Renewal
Existing Bank of America loan maturity is December 1, 2027; proposed refinancing is expected to have a 10- to 15-year term.
Document type
AgendaPacket
Source document
Housing Authority of the City of Charleston AgendaPacket Regular Board Meeting 2026-09-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by HOUSING AUTHORITY OF THE city OF CHARLESTON?

Bank of America was awarded this financial services contract by HOUSING AUTHORITY OF THE city OF CHARLESTON, as recorded on September 27, 2026. The contract value is $14,258,002.36 approved loan amount; $29,168,877 proposed refinance component.

How much is the Bank of America contract with HOUSING AUTHORITY OF THE city OF CHARLESTON worth?

The Bank of America contract with HOUSING AUTHORITY OF THE city OF CHARLESTON is valued at $14,258,002.36 approved loan amount; $29,168,877 proposed refinance component, 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 Housing Authority of the City of Charleston AgendaPacket Regular Board Meeting 2026-09-28 (AgendaPacket), dated September 27, 2026 from HOUSING AUTHORITY OF THE city OF CHARLESTON. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of America hold?

Bank of America may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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