CONTRACTPENDING

Madison Plans $6.25M TIF Loans for Hartmeyer Housing

Madison Metropolitan School District logoMadison Metropolitan School District
Disclosed value
$6.25M
From resolution
Document date
Jul 25, 2023
Renews
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The 30-second brief

What it covers

The City of Madison plans to provide $6.25 million in TIF-backed development loans to Lincoln Avenue Capital for two affordable housing phases at the Hartmeyer site in TID 54. The loans will support several hundred new affordable units and associated parking and commercial space through 2050.

Who holds it

Lincoln Avenue Capital holds this financial services contract with Madison Metropolitan School District. Its other public contracts on record include work for Northern Moraine Water Reclamation District and Garfield County.

What happens next

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Contract details

Contract type
Financial Services
Amount
$6.25M
Document date
July 25, 2023
Term
2023–2050 (TID 54 project expenditure window)
Renews
On record
Source document
madison-metropolitan-school-districtresolution2023-07-25_384.pdf (Resolution)

Lincoln Avenue Capital's other public contracts

More Madison Metropolitan School District contracts

Questions about this contract

Who was awarded the financial services contract by Madison Metropolitan School District?

Lincoln Avenue Capital was awarded this financial services contract by Madison Metropolitan School District, as recorded on July 25, 2023. The contract value is $6.25M.

How much is the Lincoln Avenue Capital contract with Madison Metropolitan School District worth?

The Lincoln Avenue Capital contract with Madison Metropolitan School District is valued at $6.25M, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in madison-metropolitan-school-districtresolution2023-07-25_384.pdf (Resolution), dated July 25, 2023 from Madison Metropolitan School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lincoln Avenue Capital hold?

Lincoln Avenue Capital 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 Madison Metropolitan School District currently buying?

Explore Madison Metropolitan School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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