Significant FHLMC Exposure in HDC Portfolio
Riverhead Housing Development CorprorationLocal Housing Authority · Riverhead, NY- Disclosed value
- $1,982,539,038
- From report
- Document date
- Nov 22, 2022
The 30-second brief
HDC reports $1.98 billion of exposure to FHLMC across permanent loan credit enhancements and investment positions as of October 31, 2022. FHLMC accounts for nearly 12% of total counterparty exposure and is rated Aaa/AA+.
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
- $1,982,539,038
- Document date
- November 22, 2022
- Vendor
- FHLMC
- Source document
- nychdc-counterparty-credit-risk-exposure-report-oct-31-2022_73a.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 November 22, 2022. The contract value is $1,982,539,038.
How much is the FHLMC contract with Riverhead Housing Development Corproration worth?
The FHLMC contract with Riverhead Housing Development Corproration is valued at $1,982,539,038, 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 nychdc-counterparty-credit-risk-exposure-report-oct-31-2022_73a.pdf (Report), dated November 22, 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.