MD Dept. Of Housing and Community Development Awards Construction Contract to Keys Point 2a Lp (June 2025)

Baltimore Affordable Housing Development, Inc. authorized loans totaling $7,725,000 in MTW funds and $2,900,000 in ARPA funds to Keys Point 2A LP for construction and permanent financing of Key's Pointe Phase 2A. The project site will be conveyed via a 75-year ground lease from HABC to the owner entity for development of new affordable rental units.

Document date · June 3, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$7,725,000 in MTW funds and $2,900,000 in ARPA funds (loaned amounts)

Contract type

CONSTRUCTION

Contract term

75-year long-term ground lease for the KP Phase 2A site

Renewal

Ground lease for KP Phase 2A authorized for 75 years; no explicit renewal options described in the resolution for either the lease or the loans.

Document type

Resolution

Source document

bahd-resolution-key-s-pointe-phase-2a-development-financing-jun-3-2025_166.md

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by MD Dept. Of Housing and Community Development?

Keys Point 2a Lp was awarded this construction contract by MD Dept. Of Housing and Community Development, as recorded on June 3, 2025. The contract value is $7,725,000 in MTW funds and $2,900,000 in ARPA funds (loaned amounts).

How much is the Keys Point 2a Lp contract with MD Dept. Of Housing and Community Development worth?

The Keys Point 2a Lp contract with MD Dept. Of Housing and Community Development is valued at $7,725,000 in MTW funds and $2,900,000 in ARPA funds (loaned amounts), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a resolution record.

Where was this contract approved?

This contract appears in bahd-resolution-key-s-pointe-phase-2a-development-financing-jun-3-2025_166.md (Resolution), dated June 3, 2025 from MD Dept. Of Housing and Community Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Keys Point 2a Lp hold?

Keys Point 2a Lp 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 Keys Point 2a Lp's profile

What is MD Dept. Of Housing and Community Development currently buying?

Explore MD Dept. Of Housing and Community Development's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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