Ely Recommended for $2.2 Million Water Loan
Iowa Finance AuthorityState Housing Authority · Des Moines, IA- Disclosed value
- $2,200,000
- From staffreport
- Document date
- Oct 7, 2026
- Term
- 20 years
The 30-second brief
The Iowa Finance Authority staff recommended a $2,200,000 Drinking Water State Revolving Fund loan to Ely for water system improvements. The 20-year loan would carry a 2.85% tax-exempt interest rate and revenue pledge.
ELY holds this financial services contract with Iowa Finance Authority. Its other public contracts on record include work for Linn County and Town of Rocky Ripple.
Term as filed: 20 years.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,200,000
- Document date
- October 7, 2026
- Term
- 20 years
- Vendor
- ELY
- Agency
- Iowa Finance Authority
- Source document
- Iowa Finance Authority StaffReport Clean Water and Drinking Water State Revolving Fund Loans 2026-10-07 (StaffReport)
ELY's other public contracts
More Iowa Finance Authority contracts
Questions about this contract
Who was awarded the financial services contract by Iowa Finance Authority?
ELY was awarded this financial services contract by Iowa Finance Authority, as recorded on October 7, 2026. The contract value is $2,200,000.
How much is the ELY contract with Iowa Finance Authority worth?
The ELY contract with Iowa Finance Authority is valued at $2,200,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in Iowa Finance Authority StaffReport Clean Water and Drinking Water State Revolving Fund Loans 2026-10-07 (StaffReport), dated October 7, 2026 from Iowa Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does ELY hold?
ELY 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 Iowa Finance Authority currently buying?
Explore Iowa Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.