Ohio Housing Finance Agency | State of Ohio Awards Financial Services Contract to Park National Bank (October 2026)
Ohio Housing Finance Agency | State of OhioState · Columbus, OH- Disclosed value
- Not to exceed $12,000,000 aggregate principal amount; purchase price between 95% and 105% of aggregate principal amount
- From resolution
- Approved
- Oct 15, 2026
The 30-second brief
The Ohio Housing Finance Agency authorized a multifamily governmental note of up to $12 million involving Park National Bank as the initial funding lender. Proceeds will finance the acquisition, rehabilitation, and equipping of the George’s Creek Apartments project.
Park National Bank holds this financial services contract with Ohio Housing Finance Agency | State of Ohio. Its other public contracts on record include work for West Clermont Local Schools and Northmor Local Schools.
Term as filed: Governmental Note matures no later than 40 years from its issue date; issuance required by the meeting in the sixth month succeeding adoption, subject to a one-time extension of up to three months.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $12,000,000 aggregate principal amount; purchase price between 95% and 105% of aggregate principal amount
- Document date
- October 15, 2026
- Term
- Governmental Note matures no later than 40 years from its issue date; issuance required by the meeting in the sixth month succeeding adoption, subject to a one-time extension of up to three months
- Vendor
- Park National Bank
- Source document
- Ohio Housing Finance Agency Resolution Authorizing Issuance of Multifamily Note for George's Creek Project 2026-10-15 (Resolution)
Park National Bank's other public contracts
More Ohio Housing Finance Agency | State of Ohio contracts
Questions about this contract
Who was awarded the financial services contract by Ohio Housing Finance Agency | State of Ohio?
Park National Bank was awarded this financial services contract by Ohio Housing Finance Agency | State of Ohio, as recorded on October 15, 2026. The contract value is Not to exceed $12,000,000 aggregate principal amount; purchase price between 95% and 105% of aggregate principal amount.
How much is the Park National Bank contract with Ohio Housing Finance Agency | State of Ohio worth?
The Park National Bank contract with Ohio Housing Finance Agency | State of Ohio is valued at Not to exceed $12,000,000 aggregate principal amount; purchase price between 95% and 105% of aggregate principal amount, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Ohio Housing Finance Agency Resolution Authorizing Issuance of Multifamily Note for George's Creek Project 2026-10-15 (Resolution), dated October 15, 2026 from Ohio Housing Finance Agency | State of Ohio. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Park National Bank hold?
Park National Bank 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 | State of Ohio currently buying?
Explore Ohio Housing Finance Agency | State of Ohio's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.