CONTRACTEXTENDED

Interest-Only Extension for Foundry 30 Brownfields Loan

Kittery Area Comprehensive Transportation System logoKittery Area Comprehensive Transportation System
Disclosed value
$2.517 million
From agendapacket
Document date
Feb 26, 2026

The 30-second brief

What it covers

SMPDC staff will extend Foundry 30, LLC’s $2.517 million EPA Brownfields loan interest-only period by another three months, under an Executive Committee authorization allowing extensions in three-month increments up to one year. The loan supports the 30 Upper Falls redevelopment project.

Who holds it

Foundry 30 LLC holds this financial services contract with Kittery Area Comprehensive Transportation System.

What happens next

Term as filed: Interest-only period extended in three-month increments, up to 12 months (initial extension approved December 2025; staff now allowing an additional three-month extension).

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Contract details

Contract type
Financial Services
Amount
$2.517 million
Document date
February 26, 2026
Term
Interest-only period extended in three-month increments, up to 12 months (initial extension approved December 2025; staff now allowing an additional three-month extension)
Source document
Southern Maine Planning and Development Commission Executive Committee Agenda Packet 2026-02-26 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by Kittery Area Comprehensive Transportation System?

Foundry 30 LLC was awarded this financial services contract by Kittery Area Comprehensive Transportation System, as recorded on February 26, 2026. The contract value is $2.517 million.

How much is the Foundry 30 LLC contract with Kittery Area Comprehensive Transportation System worth?

The Foundry 30 LLC contract with Kittery Area Comprehensive Transportation System is valued at $2.517 million, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Southern Maine Planning and Development Commission Executive Committee Agenda Packet 2026-02-26 (AgendaPacket), dated February 26, 2026 from Kittery Area Comprehensive Transportation System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Foundry 30 LLC hold?

Foundry 30 LLC 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 Kittery Area Comprehensive Transportation System currently buying?

Explore Kittery Area Comprehensive Transportation System's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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