Housing Opprty Com Of Montgomery Co Awards Financial Services Contract to Pnc Bank NA (February 2026)
Housing Opprty Com Of Montgomery CoLocal Housing Authority · Kensington, MD- Disclosed value
- Not to exceed $1,475,400 (additional draw) on $150,000,000 Real Estate Line of Credit
- From agendapacket
- Approved
- Feb 11, 2026
- Term
- Up to 60 months for this additional draw
- Renews
- Free account
The 30-second brief
The Housing Opportunities Commission authorized drawing up to $1,475,400 on its $150 million PNC Bank, N.A. Real Estate Line of Credit to fund Heritage Emory Grove predevelopment and Camp Hill Square relocation costs. The draw will carry a term of up to 60 months with repayment from future property sale proceeds.
Pnc Bank NA holds this financial services contract with Housing Opprty Com Of Montgomery Co. Its other public contracts on record include work for Ohio Housing Finance Agency | State of Ohio and PA-State-Turnpike Commission.
The renewal date is on record. A free account shows it, with the renewals for every Housing Opprty Com Of Montgomery Co contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $1,475,400 (additional draw) on $150,000,000 Real Estate Line of Credit
- Document date
- February 11, 2026
- Term
- Up to 60 months for this additional draw
- Renews
- Free account
- Vendor
- Pnc Bank NA
- Source document
- Housing Opportunities Commission of Montgomery County AgendaPacket Heritage Emory Grove Redevelopment 2026-02-11 (AgendaPacket)
Pnc Bank NA's other public contracts
More Housing Opprty Com Of Montgomery Co contracts
Questions about this contract
Who was awarded the financial services contract by Housing Opprty Com Of Montgomery Co?
Pnc Bank NA was awarded this financial services contract by Housing Opprty Com Of Montgomery Co, as recorded on February 11, 2026. The contract value is Not to exceed $1,475,400 (additional draw) on $150,000,000 Real Estate Line of Credit.
How much is the Pnc Bank NA contract with Housing Opprty Com Of Montgomery Co worth?
The Pnc Bank NA contract with Housing Opprty Com Of Montgomery Co is valued at Not to exceed $1,475,400 (additional draw) on $150,000,000 Real Estate Line of Credit, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Housing Opportunities Commission of Montgomery County AgendaPacket Heritage Emory Grove Redevelopment 2026-02-11 (AgendaPacket), dated February 11, 2026 from Housing Opprty Com Of Montgomery Co. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pnc Bank NA hold?
Pnc 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 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.