MassHousing Awards Financial Services Contract to Trinity Financial Inc (February 2021)
MassHousingState Housing Authority · Boston, MA- Disclosed value
- Up to $3,891,000 permanent first mortgage loan; up to $9,600,000 subordinate equity bridge mortgage loan; up to $1,200,000 workforce housing subordinate loan
- From minutes
- Approved
- Feb 9, 2021
The 30-second brief
MassHousing approved financing commitments associated with Trinity Financial, Inc.'s Brockton Enterprise Center Phase Two 4% development. The package includes up to $3.891 million in permanent financing, $9.6 million in equity bridge financing, and $1.2 million in workforce housing financing.
Trinity Financial Inc holds this financial services contract with MassHousing. Its other public contracts on record include work for Rhode Island Housing and Westchester County.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $3,891,000 permanent first mortgage loan; up to $9,600,000 subordinate equity bridge mortgage loan; up to $1,200,000 workforce housing subordinate loan
- Document date
- February 9, 2021
- Vendor
- Trinity Financial Inc
- Agency
- MassHousing
- Source document
- MassHousing Minutes Regular Meeting February 9, 2021 (Minutes)
Trinity Financial Inc's other public contracts
More MassHousing contracts
Questions about this contract
Who was awarded the financial services contract by MassHousing?
Trinity Financial Inc was awarded this financial services contract by MassHousing, as recorded on February 9, 2021. The contract value is Up to $3,891,000 permanent first mortgage loan; up to $9,600,000 subordinate equity bridge mortgage loan; up to $1,200,000 workforce housing subordinate loan.
How much is the Trinity Financial Inc contract with MassHousing worth?
The Trinity Financial Inc contract with MassHousing is valued at Up to $3,891,000 permanent first mortgage loan; up to $9,600,000 subordinate equity bridge mortgage loan; up to $1,200,000 workforce housing subordinate 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 MassHousing Minutes Regular Meeting February 9, 2021 (Minutes), dated February 9, 2021 from MassHousing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Trinity Financial Inc hold?
Trinity Financial Inc 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 MassHousing currently buying?
Explore MassHousing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.