Montana Department of Commerce, Board of Housing Awards Financial Services Contract to R4 Capital Funding (July 2023)
Montana Department of Commerce, Board of HousingState Housing Authority · Helena, MT- Disclosed value
- Not to exceed $35,000,000
- From minutes
- Approved
- Jul 10, 2023
The 30-second brief
The Board authorized borrowing up to $35 million on a non-recourse basis from R4 Capital Funding to finance the 155-unit Bozeman Apartments project at 14th & Patrick in Bozeman. The tax-exempt obligation will support acquisition, construction, and equipping of the affordable housing development.
R4 Capital Funding holds this financial services contract with Montana Department of Commerce, Board of Housing. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Texas Department of Housing & Community Affairs.
Term as filed: Obligation to mature no later than 40 years from date of issuance.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $35,000,000
- Document date
- July 10, 2023
- Term
- Obligation to mature no later than 40 years from date of issuance
- Vendor
- R4 Capital Funding
- Source document
- montana_board_of_housing_board_meeting_minutes_jul.pdf (Minutes)
R4 Capital Funding's other public contracts
More Montana Department of Commerce, Board of Housing contracts
Questions about this contract
Who was awarded the financial services contract by Montana Department of Commerce, Board of Housing?
R4 Capital Funding was awarded this financial services contract by Montana Department of Commerce, Board of Housing, as recorded on July 10, 2023. The contract value is Not to exceed $35,000,000.
How much is the R4 Capital Funding contract with Montana Department of Commerce, Board of Housing worth?
The R4 Capital Funding contract with Montana Department of Commerce, Board of Housing is valued at Not to exceed $35,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in montana_board_of_housing_board_meeting_minutes_jul.pdf (Minutes), dated July 10, 2023 from Montana Department of Commerce, Board of Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does R4 Capital Funding hold?
R4 Capital Funding 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 Montana Department of Commerce, Board of Housing currently buying?
Explore Montana Department of Commerce, Board of Housing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.