CONTRACTRECOMMENDED

Bridge Loan Package Recommended With RREDC Participation

Humboldt County logoHumboldt County
Disclosed value
$500,000; total coordinated loan request of $4,000,000
From agenda
Document date
Nov 8, 2026
Renews
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The 30-second brief

What it covers

The Headwaters Fund Board considered recommending a bridge-loan package coordinated by Redwood Region Economic Development Commission for Southern Humboldt Community Healthcare District. RREDC would provide $500,000 toward the $4 million, six-month loan request, which would carry a 6% fixed rate.

Who holds it

Redwood Region Economic Development Commission (Rredc) holds this financial services contract with Humboldt County.

What happens next

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Contract details

Contract type
Financial Services
Amount
$500,000; total coordinated loan request of $4,000,000
Document date
November 8, 2026
Term
6 months; principal and interest due 60 days after receipt of IGT funds
Renews
On record
Source document
County of Humboldt Agenda Packet Southern Humboldt Community Healthcare District Bridge Loan 2027-11-16 (Agenda)

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Questions about this contract

Who was awarded the financial services contract by Humboldt County?

Redwood Region Economic Development Commission (Rredc) was awarded this financial services contract by Humboldt County, as recorded on November 8, 2026. The contract value is $500,000; total coordinated loan request of $4,000,000.

How much is the Redwood Region Economic Development Commission (Rredc) contract with Humboldt County worth?

The Redwood Region Economic Development Commission (Rredc) contract with Humboldt County is valued at $500,000; total coordinated loan request of $4,000,000, 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 County of Humboldt Agenda Packet Southern Humboldt Community Healthcare District Bridge Loan 2027-11-16 (Agenda), dated November 8, 2026 from Humboldt County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Redwood Region Economic Development Commission (Rredc) hold?

Redwood Region Economic Development Commission (Rredc) 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 Humboldt County currently buying?

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

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