NYCHA Seeks Energy Financing From Banc of America
NYC-New York City Housing AuthorityCity · New York, NY- Disclosed value
- Principal up to $70,222,475.08; combined principal and interest repayment not to exceed $136,996,570.86; interest rate not to exceed 6.316%
- From agendapacket
- Document date
- Sep 23, 2026
- Renews
- Free account
The 30-second brief
The New York City Housing Authority seeks authorization to enter into a financing agreement with Banc of America Public Capital Corp for energy conservation measures performed through Ameresco’s energy performance contract. Financing would provide up to $70.22 million in principal, with total repayment capped at $136.997 million through July 21, 2046.
Banc of America Public Capital Corp holds this financial services contract with NYC-New York City Housing Authority. Its other public contracts on record include work for Wicomico County Public Schools and City of Huber Heights.
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Contract details
- Contract type
- Financial Services
- Amount
- Principal up to $70,222,475.08; combined principal and interest repayment not to exceed $136,996,570.86; interest rate not to exceed 6.316%
- Document date
- September 23, 2026
- Term
- December 15, 2026 – July 21, 2046, or an alternative commencement date followed by 19 years, 7 months, and 6 days
- Renews
- On record
- Source document
- New York City Housing Authority AgendaPacket Regular Meeting 2026-09-23 (AgendaPacket)
Banc of America Public Capital Corp's other public contracts
More NYC-New York City Housing Authority contracts
Questions about this contract
Who was awarded the financial services contract by NYC-New York City Housing Authority?
Banc of America Public Capital Corp was awarded this financial services contract by NYC-New York City Housing Authority, as recorded on September 23, 2026. The contract value is Principal up to $70,222,475.08; combined principal and interest repayment not to exceed $136,996,570.86; interest rate not to exceed 6.316%.
How much is the Banc of America Public Capital Corp contract with NYC-New York City Housing Authority worth?
The Banc of America Public Capital Corp contract with NYC-New York City Housing Authority is valued at Principal up to $70,222,475.08; combined principal and interest repayment not to exceed $136,996,570.86; interest rate not to exceed 6.316%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in New York City Housing Authority AgendaPacket Regular Meeting 2026-09-23 (AgendaPacket), dated September 23, 2026 from NYC-New York City Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Banc of America Public Capital Corp hold?
Banc of America Public Capital Corp 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 NYC-New York City Housing Authority currently buying?
Explore NYC-New York City Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
