AU Associates Receives Multiple Affordable Housing Loans
Lexington-Fayette urban countyCounty · Lexington, KY- Disclosed value
- $676,591 deferred loan; $800,000 amortizing loan and $800,000 deferred loan; $2,900,000 deferred loan and $1,300,000 amortizing loan; $1,661,988 repayable loan, $38,012 deferred loan, and $413,020 land acquisition loan
- From agenda
- Document date
- Nov 12, 2024
The 30-second brief
AU Associates has secured several Affordable Housing Fund financings, including substantial amortizing and deferred loans for projects such as Polo Club Senior Apartments, Kearney Ridge Apartments, Davis Park Station, and Wellington Park Apartments. These investments create fully accessible senior units and multifamily housing for households at or below 50–60% of area median income.
Au Associates holds this facilities contract with Lexington-Fayette urban county. Its other public contracts on record include work for Fayette County and West Virginia Housing Development Fund.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Facilities
- Amount
- $676,591 deferred loan; $800,000 amortizing loan and $800,000 deferred loan; $2,900,000 deferred loan and $1,300,000 amortizing loan; $1,661,988 repayable loan, $38,012 deferred loan, and $413,020 land acquisition loan
- Document date
- November 12, 2024
- Vendor
- Au Associates
- Source document
- social_services_and_public_safety_committee_meetin.pdf (Agenda)
Au Associates's other public contracts
More Lexington-Fayette urban county contracts
Questions about this contract
Who was awarded the facilities contract by Lexington-Fayette urban county?
Au Associates was awarded this facilities contract by Lexington-Fayette urban county, as recorded on November 12, 2024. The contract value is $676,591 deferred loan; $800,000 amortizing loan and $800,000 deferred loan; $2,900,000 deferred loan and $1,300,000 amortizing loan; $1,661,988 repayable loan, $38,012 deferred loan, and $413,020 land acquisition loan.
How much is the Au Associates contract with Lexington-Fayette urban county worth?
The Au Associates contract with Lexington-Fayette urban county is valued at $676,591 deferred loan; $800,000 amortizing loan and $800,000 deferred loan; $2,900,000 deferred loan and $1,300,000 amortizing loan; $1,661,988 repayable loan, $38,012 deferred loan, and $413,020 land acquisition loan, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in social_services_and_public_safety_committee_meetin.pdf (Agenda), dated November 12, 2024 from Lexington-Fayette urban county. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Au Associates hold?
Au Associates 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 Lexington-Fayette urban county currently buying?
Explore Lexington-Fayette urban county's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.