Housing Authority of Utah county Awards Financial Services Contract to Jpmorgan Chase Bank NA (June 2025)
Housing Authority of Utah countyLocal Housing Authority · Provo, UT- Disclosed value
- Not to exceed $39,050,000 (short-term construction and permanent loan tied to bonds)
- From meeting minutes
- Approved
- Jun 12, 2025
- Renews
- Free account
The 30-second brief
Utah Housing Corporation approved JPMorgan Chase Bank, N.A. to provide short-term construction and permanent financing for the Daybreak Affordable Phase 1 Apartments, backed by up to $39,050,000 in UHC-issued tax-exempt bonds. The financing will support construction of 203 income-restricted units in South Jordan.
Jpmorgan Chase Bank NA holds this financial services contract with Housing Authority of Utah county. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Research Triangle Regional Public Transportation Authority.
The renewal date is on record. A free account shows it, with the renewals for every Housing Authority of Utah county contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $39,050,000 (short-term construction and permanent loan tied to bonds)
- Document date
- June 12, 2025
- Term
- Construction and permanent financing with bonds maturing on or before August 1, 2059; interest rate not to exceed 12% per annum
- Renews
- Free account
- Vendor
- Jpmorgan Chase Bank NA
- Source document
- housing-authority-of-utah-county-meeting-minutes-2025-06-12_203.pdf (Meeting Minutes)
Jpmorgan Chase Bank NA's other public contracts
More Housing Authority of Utah county contracts
Questions about this contract
Who was awarded the financial services contract by Housing Authority of Utah county?
Jpmorgan Chase Bank NA was awarded this financial services contract by Housing Authority of Utah county, as recorded on June 12, 2025. The contract value is Not to exceed $39,050,000 (short-term construction and permanent loan tied to bonds).
How much is the Jpmorgan Chase Bank NA contract with Housing Authority of Utah county worth?
The Jpmorgan Chase Bank NA contract with Housing Authority of Utah county is valued at Not to exceed $39,050,000 (short-term construction and permanent loan tied to bonds), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in housing-authority-of-utah-county-meeting-minutes-2025-06-12_203.pdf (Meeting Minutes), dated June 12, 2025 from Housing Authority of Utah county. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Jpmorgan Chase Bank NA hold?
Jpmorgan Chase Bank NA 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 Utah county currently buying?
Explore Housing Authority of Utah county's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.