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City Maintains CDBG Mortgage With Housing Authority

City of Somersworth
Disclosed value
$475,000
From report
Document date
Mar 1, 2021
Renews
Free account

The 30-second brief

What it covers

The City of Somersworth continues its $475,000 CDBG-backed mortgage arrangement with the Somersworth Housing Authority to secure a twenty-year benefit period for energy improvements at several housing sites. The 2015 Mortgage Deed remains in effect and is structured to be subordinate to other financing instruments used for affordable housing rehabilitation.

Who holds it

Somersworth Housing Authority holds this financial services contract with City of Somersworth. Its other public contracts on record include work for Somersworth Housing Authority.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Somersworth contract.

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Contract details

Contract type
Financial Services
Amount
$475,000
Document date
March 1, 2021
Term
Twenty-year services benefit period beginning October 2, 2015
Renews
Free account
Vendor
Somersworth Housing Authority
Agency
City of Somersworth
Source document
city_managers_report_for_monday_march_1_2021.pdf (Report)

Somersworth Housing Authority's other public contracts

City of Somersworth, New HampshireHousing Authority Partners in Annual Senior Picnic · Apr 17, 2026UndisclosedCity of Somersworth, New HampshireSiding Application Approved with Trim Replacement Condition · Jan 22, 2025UndisclosedSomersworth Housing Authority, New HampshireVinyl siding replacement for Somersworth property · Jan 22, 2025UndisclosedCity of Somersworth, New HampshireCity Considers Continuing PILOT With Housing Authority · Jul 16, 2021UndisclosedCity of Somersworth, New HampshireCouncil Considers SHA Grant Subordination Agreements · Mar 1, 2021UndisclosedAll Somersworth Housing Authority contractsVendor profile

More City of Somersworth contracts

Stepping Stones Masonry of Barrington NhFurber Chapel Wall Contract Recommended to Stepping Stones · Sep 21, 2026GMIGMI Continues Somersworth Street Paving Project · Sep 21, 2026UndisclosedHorsley Witten GroupSomersworth Approves Horsley Witten Review Services Contract · Sep 21, 2026UndisclosedNELCNELC Seasonal Cemetery Mowing Expected To End · Sep 21, 2026UndisclosedSRPCSRPC Continuing Cemetery Map Update Work · Sep 21, 2026UndisclosedAll City of Somersworth activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Somersworth?

Somersworth Housing Authority was awarded this financial services contract by City of Somersworth, as recorded on March 1, 2021. The contract value is $475,000.

How much is the Somersworth Housing Authority contract with City of Somersworth worth?

The Somersworth Housing Authority contract with City of Somersworth is valued at $475,000, 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 city_managers_report_for_monday_march_1_2021.pdf (Report), dated March 1, 2021 from City of Somersworth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Somersworth Housing Authority hold?

Somersworth Housing Authority 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 City of Somersworth currently buying?

Explore City of Somersworth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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