PNC Bank Provides Investments and Hedges to HDC
Riverhead Housing Development CorprorationLocal Housing Authority · Riverhead, NY- Disclosed value
- $706,630,905
- From report
- Document date
- Mar 31, 2025
- Renews
- Free account
The 30-second brief
HDC’s relationship with PNC Bank totals $706.6 million in exposure, combining collateralized money market investments and a substantial portfolio of interest rate hedges.
Pnc Bank holds this financial services contract with Riverhead Housing Development Corproration. Its other public contracts on record include work for Cuyahoga Valley Career Center and Denton Independent School District.
The renewal date is on record. A free account shows it, with the renewals for every Riverhead Housing Development Corproration contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $706,630,905
- Document date
- March 31, 2025
- Renews
- Free account
- Vendor
- Pnc Bank
- Source document
- riverhead-housing-dev-corp-report-counterparty-credit-risk-exposure-mar-31-2025_ade.pdf (Report)
Pnc Bank's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Riverhead Housing Development Corproration?
Pnc Bank was awarded this financial services contract by Riverhead Housing Development Corproration, as recorded on March 31, 2025. The contract value is $706,630,905.
How much is the Pnc Bank contract with Riverhead Housing Development Corproration worth?
The Pnc Bank contract with Riverhead Housing Development Corproration is valued at $706,630,905, 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-dev-corp-report-counterparty-credit-risk-exposure-mar-31-2025_ade.pdf (Report), dated March 31, 2025 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 Pnc Bank hold?
Pnc 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 Riverhead Housing Development Corproration currently buying?
Explore Riverhead Housing Development Corproration's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.