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LISC Closes $400,000 Seabeds Way Predevelopment Loan

Needham Housing Authority logoNeedham Housing Authority
Disclosed value
$400K
From minutes
Document date
Jul 16, 2026
Term
Closed June 29, 2026

The 30-second brief

What it covers

The Needham Housing Authority and project partners closed a $400,000 predevelopment loan with Local Initiatives Support Corporation for the Seabeds Way Preservation Project. The first requisition funds had been received by the July 16, 2026 meeting.

Who holds it

Local Initiatives Support Corporation holds this financial services contract with Needham Housing Authority. Its other public contracts on record include work for City of Le Sueur and City of Kalamazoo.

What happens next

Term as filed: Closed June 29, 2026.

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Contract details

Contract type
Financial Services
Amount
$400K
Document date
July 16, 2026
Term
Closed June 29, 2026
Vendor
Local Initiatives Support Corporation
Agency
Needham Housing Authority
Source document
Needham Housing Authority Minutes Regular NHA Board & High Rock Homes LLC Meetings 2026-07-16 (Minutes)

Local Initiatives Support Corporation's other public contracts

Needham Housing Authority, MassachusettsNHA Prepares LISC Seabeds Way Loan Draw · Aug 20, 2026UndisclosedCity of Le Sueur, MinnesotaLISC Issues Term Sheet for Le Sueur Meadows Loan · Jul 27, 2026City of Kalamazoo, MichiganThird Amendment to LISC Rental Rehab Agreement Approved · Jun 15, 2026UndisclosedCity of Kalamazoo, MichiganLISC Rental Rehabilitation Agreement Timeline Extended · Jun 15, 2026UndisclosedCity of Kalamazoo, MichiganLISC Rental Rehabilitation Agreement Timeframe Extended · Jun 15, 2026UndisclosedAll Local Initiatives Support Corporation contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Needham Housing Authority?

Local Initiatives Support Corporation was awarded this financial services contract by Needham Housing Authority, as recorded on July 16, 2026. The contract value is $400K.

How much is the Local Initiatives Support Corporation contract with Needham Housing Authority worth?

The Local Initiatives Support Corporation contract with Needham Housing Authority is valued at $400K, 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 Needham Housing Authority Minutes Regular NHA Board & High Rock Homes LLC Meetings 2026-07-16 (Minutes), dated July 16, 2026 from Needham Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Local Initiatives Support Corporation hold?

Local Initiatives Support Corporation 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 Needham Housing Authority currently buying?

Explore Needham Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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