Montana Department of Commerce, Board of Housing Awards Financial Services Contract to Reuter Walton Development LLC (July 2023)
Montana Department of Commerce, Board of HousingState Housing Authority · Helena, MT- Disclosed value
- $529,811 Multifamily Loan; $499,897 Housing Montana Fund second lien
- From minutes
- Approved
- Jul 10, 2023
The 30-second brief
The Board approved a $529,811 Multifamily Loan and a $499,897 Housing Montana Fund second-lien loan to Reuter Walton Development, LLC for the 155-unit Bozeman Apartments project. The financing features 40-year amortization, a 16-year term, and a 4.00% interest rate, closing after stabilized occupancy.
Reuter Walton Development LLC holds this financial services contract with Montana Department of Commerce, Board of Housing. Its other public contracts on record include work for SCOTT county COMMUNITY DEVELOPMENT AGENCY and City of St. Paul.
Term as filed: 40-year amortization, 16-year term; closing on or after 3 months of stabilized occupancy and concurrent with conventional permanent mortgage.
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Contract details
- Contract type
- Financial Services
- Amount
- $529,811 Multifamily Loan; $499,897 Housing Montana Fund second lien
- Document date
- July 10, 2023
- Term
- 40-year amortization, 16-year term; closing on or after 3 months of stabilized occupancy and concurrent with conventional permanent mortgage
- Source document
- montana_board_of_housing_board_meeting_minutes_jul.pdf (Minutes)
Reuter Walton Development LLC'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?
Reuter Walton Development LLC was awarded this financial services contract by Montana Department of Commerce, Board of Housing, as recorded on July 10, 2023. The contract value is $529,811 Multifamily Loan; $499,897 Housing Montana Fund second lien.
How much is the Reuter Walton Development LLC contract with Montana Department of Commerce, Board of Housing worth?
The Reuter Walton Development LLC contract with Montana Department of Commerce, Board of Housing is valued at $529,811 Multifamily Loan; $499,897 Housing Montana Fund second lien, 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 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 Reuter Walton Development LLC hold?
Reuter Walton 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.
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.