Freddie Mac Provides Solomon Towers Permanent Loan
- Disclosed value
- $20,000,000
- From staffreport
- Document date
- Aug 4, 2026
- Renews
- Free account
The 30-second brief
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.
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.
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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
More North Carolina Department of State Treasurer | State of North Carolina contracts
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.