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FINANCIAL_SERVICESAPPROVED

MassHousing Awards Financial Services Contract to Beacon Communities Development Llc (November 2020)

MassHousing approved up to $27.55 million in permanent first-mortgage financing for Lenox Apartments, with the loan to be made to an entity controlled by Beacon Communities Development LLC. The financing supports rehabilitation of the 108-unit Roxbury development under the HUD HFA Risk Sharing Program.

Document date · November 10, 2020

Issuing agencyMassHousingVendorBeacon Communities Development Llc

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Up to $27,550,000 permanent first mortgage for Lenox Apartments
Contract type
FINANCIAL_SERVICES
Renewal
No renewal or extension terms stated.
Document type
Minutes
Source document
MassHousing Minutes November 10, 2020

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by MassHousing?

Beacon Communities Development Llc was awarded this financial services contract by MassHousing, as recorded on November 10, 2020. The contract value is Up to $27,550,000 permanent first mortgage for Lenox Apartments.

How much is the Beacon Communities Development Llc contract with MassHousing worth?

The Beacon Communities Development Llc contract with MassHousing is valued at Up to $27,550,000 permanent first mortgage for Lenox Apartments, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in MassHousing Minutes November 10, 2020 (Minutes), dated November 10, 2020 from MassHousing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Beacon Communities Development Llc hold?

Beacon Communities Development 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.

View Beacon Communities Development Llc's profile

What is MassHousing currently buying?

Explore MassHousing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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