FHLMC provides major enhancement and securities to HDC
Riverhead Housing Development CorprorationLocal Housing Authority · Riverhead, NY- Disclosed value
- $2,005,474,081 total exposure including $1,314,938,121 permanent enhancement and $690,535,960 agency securities
- From report
- Document date
- Oct 21, 2022
The 30-second brief
HDC has roughly $2.01 billion in exposure to FHLMC, including permanent enhancements on 33 projects and significant agency securities holdings, underpinning its mortgage finance activities.
FHLMC holds this financial services contract with Riverhead Housing Development Corproration. Its other public contracts on record include work for Temecula Preparatory and Housing Finance Authority of Miami-Dade County.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,005,474,081 total exposure including $1,314,938,121 permanent enhancement and $690,535,960 agency securities
- Document date
- October 21, 2022
- Vendor
- FHLMC
- Source document
- riverhead-housing-development-corp-report-counterparty-credit-risk-exposure-oct-21-2022_61c.pdf (Report)
FHLMC's other public contracts
More Riverhead Housing Development Corproration contracts
Questions about this contract
Who was awarded the financial services contract by Riverhead Housing Development Corproration?
FHLMC was awarded this financial services contract by Riverhead Housing Development Corproration, as recorded on October 21, 2022. The contract value is $2,005,474,081 total exposure including $1,314,938,121 permanent enhancement and $690,535,960 agency securities.
How much is the FHLMC contract with Riverhead Housing Development Corproration worth?
The FHLMC contract with Riverhead Housing Development Corproration is valued at $2,005,474,081 total exposure including $1,314,938,121 permanent enhancement and $690,535,960 agency securities, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in riverhead-housing-development-corp-report-counterparty-credit-risk-exposure-oct-21-2022_61c.pdf (Report), dated October 21, 2022 from Riverhead Housing Development Corproration. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does FHLMC hold?
FHLMC 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 Riverhead Housing Development Corproration currently buying?
Explore Riverhead Housing Development Corproration's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.