CONTRACTRECOMMENDED

Freddie Mac Provides Solomon Towers Permanent Loan

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
$20,000,000
From staffreport
Document date
Aug 4, 2026
Renews
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The 30-second brief

What it covers

Federal Home Loan Mortgage Corporation is identified as permanent lender for the Solomon Towers project. The financing would follow a 24-month construction period and support a 150-unit affordable housing development.

Who holds it

Federal Home Loan Mortgage Corporation holds this financial services contract with North Carolina Department of State Treasurer | State of North Carolina. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Town of Danville.

What happens next

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Contract details

Contract type
Financial Services
Amount
$20,000,000
Document date
August 4, 2026
Term
17 years after a 24-month construction period with 40-year amortization
Renews
On record
Source document
North Carolina Department of State Treasurer StaffReport LGC Meeting Staff Analyses and Action Items 2026-08-04 (StaffReport)

Federal Home Loan Mortgage Corporation's other public contracts

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Questions about this contract

Who was awarded the financial services contract by North Carolina Department of State Treasurer | State of North Carolina?

Federal Home Loan Mortgage Corporation was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on August 4, 2026. The contract value is $20,000,000.

How much is the Federal Home Loan Mortgage Corporation contract with North Carolina Department of State Treasurer | State of North Carolina worth?

The Federal Home Loan Mortgage Corporation contract with North Carolina Department of State Treasurer | State of North Carolina is valued at $20,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in North Carolina Department of State Treasurer StaffReport LGC Meeting Staff Analyses and Action Items 2026-08-04 (StaffReport), dated August 4, 2026 from North Carolina Department of State Treasurer | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Federal Home Loan Mortgage Corporation hold?

Federal Home Loan Mortgage 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 North Carolina Department of State Treasurer | State of North Carolina currently buying?

Explore North Carolina Department of State Treasurer | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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