CONTRACTRECOMMENDED

PNC Proposes Bridge and Permanent Housing Financing

Osceola County Housing Finance Authority
Disclosed value
$29,396,355 equity bridge loan; $32,650,000 proposed permanent first mortgage commitment; $32,612,947 housing credit equity commitment
From agendapacket
Document date
Oct 20, 2026

The 30-second brief

What it covers

PNC Bank proposed a $29.4 million equity bridge loan and a $32.65 million permanent first-mortgage commitment for Hibiscus on the Creek. PNC also serves as the housing-credit syndicator for the development.

Who holds it

Pnc Bank National Association holds this financial services contract with Osceola County Housing Finance Authority. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Octorara Area SD.

What happens next

Term as filed: Equity bridge loan up to 60 months; permanent first mortgage term of 15 years.

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Contract details

Contract type
Financial Services
Amount
$29,396,355 equity bridge loan; $32,650,000 proposed permanent first mortgage commitment; $32,612,947 housing credit equity commitment
Document date
October 20, 2026
Term
Equity bridge loan up to 60 months; permanent first mortgage term of 15 years
Source document
Osceola County Housing Finance Authority Agenda Packet 2026-10-20 (AgendaPacket)

Pnc Bank National Association's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Osceola County Housing Finance Authority?

Pnc Bank National Association was awarded this financial services contract by Osceola County Housing Finance Authority, as recorded on October 20, 2026. The contract value is $29,396,355 equity bridge loan; $32,650,000 proposed permanent first mortgage commitment; $32,612,947 housing credit equity commitment.

How much is the Pnc Bank National Association contract with Osceola County Housing Finance Authority worth?

The Pnc Bank National Association contract with Osceola County Housing Finance Authority is valued at $29,396,355 equity bridge loan; $32,650,000 proposed permanent first mortgage commitment; $32,612,947 housing credit equity commitment, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Osceola County Housing Finance Authority Agenda Packet 2026-10-20 (AgendaPacket), dated October 20, 2026 from Osceola County Housing Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pnc Bank National Association hold?

Pnc Bank National Association 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 Osceola County Housing Finance Authority currently buying?

Explore Osceola County Housing Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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