FINANCIAL_SERVICESAPPROVED

NY-State-Division of the Budget Awards Financial Services Contract to Bank of New York (September 2026)

The approved Franklin Courts Apartments financing will receive supplemental security from Bank of New York during construction. The security supports project financing associated with bonds outstanding up to $51.675 million.

Document date · September 10, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Up to $51,675,000 in secured project financing
Contract type
FINANCIAL_SERVICES
Contract term
During construction
Renewal
Security applies during construction; no extension or renewal terms are specified.
Document type
Resolution
Source document
New York State Public Authorities Control Board Resolution Resolution No. 26-HF-1097 Approving a Specified Project of the Housing Finance Agency (Affordable Housing Revenue Bonds - Franklin Courts Apartments) 2026-09-10

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by NY-State-Division of the Budget?

Bank of New York was awarded this financial services contract by NY-State-Division of the Budget, as recorded on September 10, 2026. The contract value is Up to $51,675,000 in secured project financing.

How much is the Bank of New York contract with NY-State-Division of the Budget worth?

The Bank of New York contract with NY-State-Division of the Budget is valued at Up to $51,675,000 in secured project financing, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in New York State Public Authorities Control Board Resolution Resolution No. 26-HF-1097 Approving a Specified Project of the Housing Finance Agency (Affordable Housing Revenue Bonds - Franklin Courts Apartments) 2026-09-10 (Resolution), dated September 10, 2026 from NY-State-Division of the Budget. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of New York hold?

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