Major financing recommended for Sandusky Senior Lofts
- Disclosed value
- HDL: $2.5 million; HDAP: $2 million; Ohio LIHTC: $12.5 million; Multifamily Housing Revenue Bonds: up to $24 million
- From minutes
- Document date
- Jun 11, 2026
The 30-second brief
The Multifamily Committee recommended HDL, HDAP, and Ohio LIHTC funding along with up to $24 million in multifamily housing revenue bonds for the Sandusky Senior Lofts development co-developed by Pivotal Development LLC. The project will add 117 affordable senior units in Erie County.
Pivotal Development LLC holds this financial services contract with Ohio Housing Finance Agency. Its other public contracts on record include work for Michigan State Housing Development Authority.
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Contract details
- Contract type
- Financial Services
- Amount
- HDL: $2.5 million; HDAP: $2 million; Ohio LIHTC: $12.5 million; Multifamily Housing Revenue Bonds: up to $24 million
- Document date
- June 11, 2026
- Vendor
- Pivotal Development LLC
- Source document
- Ohio Housing Finance Agency Minutes Multifamily Committee Meeting 2026-06-11 (Minutes)
Pivotal Development LLC's other public contracts
More Ohio Housing Finance Agency contracts
Questions about this contract
Who was awarded the financial services contract by Ohio Housing Finance Agency?
Pivotal Development LLC was awarded this financial services contract by Ohio Housing Finance Agency, as recorded on June 11, 2026. The contract value is HDL: $2.5 million; HDAP: $2 million; Ohio LIHTC: $12.5 million; Multifamily Housing Revenue Bonds: up to $24 million.
How much is the Pivotal Development LLC contract with Ohio Housing Finance Agency worth?
The Pivotal Development LLC contract with Ohio Housing Finance Agency is valued at HDL: $2.5 million; HDAP: $2 million; Ohio LIHTC: $12.5 million; Multifamily Housing Revenue Bonds: up to $24 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Ohio Housing Finance Agency Minutes Multifamily Committee Meeting 2026-06-11 (Minutes), dated June 11, 2026 from Ohio Housing Finance Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pivotal Development LLC hold?
Pivotal Development LLC 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 Ohio Housing Finance Agency currently buying?
Explore Ohio Housing Finance Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.