CONTRACTAPPROVED

Housing Authority of the city of Lafayette Awards Financial Services Contract to Jpmorgan Securities LLC (July 2021)

Housing Authority of the city of Lafayette
Disclosed value
Not to exceed $69,000,000 aggregate bond purchase
From resolution
Approved
Jul 14, 2021

The 30-second brief

What it covers

The Louisiana Housing Corporation approved a Bond Purchase Contract with JPMorgan Securities LLC as one of the underwriters for up to $69 million of Single Family Mortgage Revenue and Refunding Bonds. Proceeds will fund first-time homebuyer loans and refund earlier mortgage revenue bonds within specified interest and maturity limits.

Who holds it

Jpmorgan Securities LLC holds this financial services contract with Housing Authority of the city of Lafayette. Its other public contracts on record include work for Nebraska Investment Finance Authority and Louisiana Housing Authority.

What happens next

Term as filed: Maturity of bonds not exceeding 40 years; interest rate not exceeding 8% per annum.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $69,000,000 aggregate bond purchase
Document date
July 14, 2021
Term
Maturity of bonds not exceeding 40 years; interest rate not exceeding 8% per annum
Source document
housing-authority-of-the-city-of-lafayetteresolution2021-07-14_af7.pdf (Resolution)

Jpmorgan Securities LLC's other public contracts

More Housing Authority of the city of Lafayette contracts

Questions about this contract

Who was awarded the financial services contract by Housing Authority of the city of Lafayette?

Jpmorgan Securities LLC was awarded this financial services contract by Housing Authority of the city of Lafayette, as recorded on July 14, 2021. The contract value is Not to exceed $69,000,000 aggregate bond purchase.

How much is the Jpmorgan Securities LLC contract with Housing Authority of the city of Lafayette worth?

The Jpmorgan Securities LLC contract with Housing Authority of the city of Lafayette is valued at Not to exceed $69,000,000 aggregate bond purchase, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in housing-authority-of-the-city-of-lafayetteresolution2021-07-14_af7.pdf (Resolution), dated July 14, 2021 from Housing Authority of the city of Lafayette. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Jpmorgan Securities LLC hold?

Jpmorgan Securities LLC 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 the city of Lafayette currently buying?

Explore Housing Authority of the city of Lafayette's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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