Washington County Awards Financial Services Contract to Network for Oregon Affordable Housing (June 2021)

The Housing Authority of Washington County approved obtaining permanent financing from Network for Oregon Affordable Housing for The Valfre at Avenida 26. NOAH will provide an estimated $4.8 million term loan to refinance construction debt upon project completion.

Document date · June 15, 2021

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Scope & details

The full contract record, as filed.

Contract amount

Approximately $4,823,000 (term loan)

Contract type

FINANCIAL_SERVICES

Contract term

Permanent term financing commencing after construction completion

Renewal date

2052-09-30

Renewal

Term loan documents will govern amortization and maturity; no automatic renewal language is described. Loan closing will occur after construction completion and repayment of the construction loan.

Document type

Agenda

Source document

housing_authority_board_of_directors_agenda_june_2.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Washington County?

Network for Oregon Affordable Housing was awarded this financial services contract by Washington County, as recorded on June 15, 2021. The contract value is Approximately $4,823,000 (term loan).

How much is the Network for Oregon Affordable Housing contract with Washington County worth?

The Network for Oregon Affordable Housing contract with Washington County is valued at Approximately $4,823,000 (term loan), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in housing_authority_board_of_directors_agenda_june_2.pdf (Agenda), dated June 15, 2021 from Washington County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Network for Oregon Affordable Housing hold?

Network for Oregon Affordable Housing may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Network for Oregon Affordable Housing's profile

What is Washington County currently buying?

Explore Washington County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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