FINANCIAL_SERVICESPENDING

CHA Plans $20 Million Key Bank Credit Facility

The Housing Authority plans to seek Board approval for a $20 million line of credit with Key Bank. The facility would support timing gaps involving developer fees, capital funds, redevelopment closings, insurance payments, and maintenance needs.

Document date · September 27, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Proposed $20,000,000 line of credit
Contract type
FINANCIAL_SERVICES
Renewal
Official term sheet expected in late September 2026; formal approval planned for the October 2026 Board meeting.
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?

Key Bank was awarded this financial services contract by HOUSING AUTHORITY OF THE city OF CHARLESTON, as recorded on September 27, 2026. The contract value is Proposed $20,000,000 line of credit.

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

The Key Bank contract with HOUSING AUTHORITY OF THE city OF CHARLESTON is valued at Proposed $20,000,000 line of credit, 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 Key Bank hold?

Key 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.

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