FHA Risk Share Chosen for Ring House Financing

HOC plans to use FHA Risk Share credit enhancement for the Ring House Apartments financing. The preliminary plan shows $25.98 million in FHA-backed financing as the main source, pending later underwriting and approvals.

Document date · September 9, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$25,980,000

Contract type

FINANCIAL_SERVICES

Renewal

New financing structure under consideration; not yet closed. Staff will return with a financing plan and bond authorizing resolution after underwriting.

Document type

Resolution

Source document

Housing Opportunities Commission of Montgomery County Resolution Adoption of an Inducement Resolution for the Financing of Ring House 2026-09-09

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Opprty Com Of Montgomery Co?

Fha Risk Share was awarded this financial services contract by Housing Opprty Com Of Montgomery Co, as recorded on September 9, 2026. The contract value is $25,980,000.

How much is the Fha Risk Share contract with Housing Opprty Com Of Montgomery Co worth?

The Fha Risk Share contract with Housing Opprty Com Of Montgomery Co is valued at $25,980,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Housing Opportunities Commission of Montgomery County Resolution Adoption of an Inducement Resolution for the Financing of Ring House 2026-09-09 (Resolution), dated September 9, 2026 from Housing Opprty Com Of Montgomery Co. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fha Risk Share hold?

Fha Risk Share 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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What is Housing Opprty Com Of Montgomery Co currently buying?

Explore Housing Opprty Com Of Montgomery Co's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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