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New College Foundation to Support Housing Debt Financing

New College Of Florida logoNew College Of Florida
Disclosed value
Annual support payments sufficient to maintain a 1.10x debt-service coverage ratio
From agendapacket
Document date
Nov 3, 2026
Renews
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The 30-second brief

What it covers

New College proposed a support agreement with New College Foundation, Inc. to provide annual payments for the housing financing. The payments would help maintain a 1.10x debt-service coverage ratio for the proposed Atala Hall acquisition and debt refinancing.

Who holds it

New College Foundation Inc holds this financial services contract with New College Of Florida. Its other public contracts on record include work for Florida Board of Governors Facilities Committee | State of Florida.

What happens next

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Contract details

Contract type
Financial Services
Amount
Annual support payments sufficient to maintain a 1.10x debt-service coverage ratio
Document date
November 3, 2026
Term
Annual support agreement associated with the proposed housing debt; debt maturities extend through July 1, 2056
Renews
On record
Vendor
New College Foundation Inc
Agency
New College Of Florida
Source document
New College of Florida AgendaPacket Board of Trustees Meeting 2026-11-03 (AgendaPacket)

New College Foundation Inc's other public contracts

Florida Board of Governors Facilities Committee | State of Florida, FloridaNew College Foundation Support Agreement Proposed · Nov 3, 2026UndisclosedAll New College Foundation Inc contractsVendor profile

More New College Of Florida contracts

Bryant Miller Olive PaBryant Miller Olive Named Bond Counsel for New College Financing · Nov 3, 2026UndisclosedBANKUNITEDNew College Proposes $40 Million BankUnited Senior Loan · Nov 3, 2026Truist BankNew College Plans to Refinance Truist-Held Housing Debt · Nov 3, 2026Bridge Funding Group IncBridge Funding Group Named Senior Lender for New College · Nov 3, 2026Public Resource Advisory GroupPublic Resource Advisory Group Named New College Financial Advisor · Nov 3, 2026UndisclosedAll New College Of Florida activityAgency profile

Questions about this contract

Who was awarded the financial services contract by New College Of Florida?

New College Foundation Inc was awarded this financial services contract by New College Of Florida, as recorded on November 3, 2026. The contract value is Annual support payments sufficient to maintain a 1.10x debt-service coverage ratio.

How much is the New College Foundation Inc contract with New College Of Florida worth?

The New College Foundation Inc contract with New College Of Florida is valued at Annual support payments sufficient to maintain a 1.10x debt-service coverage ratio, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in New College of Florida AgendaPacket Board of Trustees Meeting 2026-11-03 (AgendaPacket), dated November 3, 2026 from New College Of Florida. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does New College Foundation Inc hold?

New College Foundation 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 New College Of Florida currently buying?

Explore New College Of Florida's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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