Indiana Housing and Community Development Authority Awards Financial Services Contract to Beacon Heights LP (May 2026)
- Disclosed value
- Principal amount not to exceed $14,000,000 (with maximum federally tax-exempt bonds not to exceed $10,134,330)
- From minutes
- Approved
- May 28, 2026
The 30-second brief
The IHCDA Board approved issuance of up to $14 million in Series 2026 Multifamily Housing Revenue Bonds on behalf of Beacon Heights, LP to rehabilitate a 100‑unit multifamily housing complex in Fort Wayne. The Authority will serve as a conduit issuer, with bonds backed solely by project revenues and a portion issued as tax‑exempt.
Beacon Heights LP holds this financial services contract with Indiana Housing and Community Development Authority.
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Contract details
- Contract type
- Financial Services
- Amount
- Principal amount not to exceed $14,000,000 (with maximum federally tax-exempt bonds not to exceed $10,134,330)
- Document date
- May 28, 2026
- Vendor
- Beacon Heights LP
- Source document
- Indiana Housing and Community Development Authority Minutes of Board Meeting 2026-05-28 (Minutes)
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Questions about this contract
Who was awarded the financial services contract by Indiana Housing and Community Development Authority?
Beacon Heights LP was awarded this financial services contract by Indiana Housing and Community Development Authority, as recorded on May 28, 2026. The contract value is Principal amount not to exceed $14,000,000 (with maximum federally tax-exempt bonds not to exceed $10,134,330).
How much is the Beacon Heights LP contract with Indiana Housing and Community Development Authority worth?
The Beacon Heights LP contract with Indiana Housing and Community Development Authority is valued at Principal amount not to exceed $14,000,000 (with maximum federally tax-exempt bonds not to exceed $10,134,330), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Indiana Housing and Community Development Authority Minutes of Board Meeting 2026-05-28 (Minutes), dated May 28, 2026 from Indiana Housing and Community Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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