FINANCIAL_SERVICESAMENDED

Beacon Communities Receives Increased Clarendon Financing

MassHousing approved an increase to the permanent mortgage financing for a borrower controlled by Beacon Communities Development, LLC. The revised loan authorization supports the rehabilitation and preservation of 210 affordable units at 140 Clarendon in Boston.

Document date · April 11, 2023

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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
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
Up to $44,250,000 permanent first mortgage loan
Contract type
FINANCIAL_SERVICES
Renewal date
2024-05-01
Renewal
Amendment to financing originally authorized in 2021; anticipated permanent financing funding was May 2024.
Document type
Minutes
Source document
Massachusetts Housing Finance Agency Minutes Regular Meeting 2023-04-11

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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 April 11, 2023. The contract value is Up to $44,250,000 permanent first mortgage loan.

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 $44,250,000 permanent first mortgage loan, 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 Massachusetts Housing Finance Agency Minutes Regular Meeting 2023-04-11 (Minutes), dated April 11, 2023 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.

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