FINANCIAL_SERVICESEXTENDED

Interest-Only Extension for Foundry 30 Brownfields Loan

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.

Document date · February 26, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2.517 million
Contract type
FINANCIAL_SERVICES
Contract 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)
Renewal
Executive Committee authorized up to four three-month extensions (12 months total) of the interest-only period beginning December 2025. Staff have already implemented the initial extension and now plan a second three-month extension; further extensions may be granted within the 12-month cap.
Document type
AgendaPacket
Source document
Southern Maine Planning and Development Commission Executive Committee Agenda Packet 2026-02-26

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

What other contracts does Foundry 30 Llc hold?

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