CONTRACTONGOING

Mass Housing Authorizes $12.25 Million Project Financing

Town of Needham logoTown of Needham
Disclosed value
Up to $12.25 million; interest rate of 5.25%
From minutes
Document date
Jan 12, 2026

The 30-second brief

What it covers

Mass Housing authorized the Needham Housing Authority to borrow up to $12.25 million at a 5.25% interest rate for the Seabeds Way project. Financial closing was expected in June 2026.

Who holds it

Mass Housing holds this financial services contract with Town of Needham. Its other public contracts on record include work for City of Franklin and Town of Mansfield.

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Contract details

Contract type
Financial Services
Amount
Up to $12.25 million; interest rate of 5.25%
Document date
January 12, 2026
Source document
Town of Needham Minutes Town-Financed Community Housing Oversight Committee Meeting January 12, 2026 (Minutes)

Mass Housing's other public contracts

More Town of Needham contracts

Questions about this contract

Who was awarded the financial services contract by Town of Needham?

Mass Housing was awarded this financial services contract by Town of Needham, as recorded on January 12, 2026. The contract value is Up to $12.25 million; interest rate of 5.25%.

How much is the Mass Housing contract with Town of Needham worth?

The Mass Housing contract with Town of Needham is valued at Up to $12.25 million; interest rate of 5.25%, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Needham Minutes Town-Financed Community Housing Oversight Committee Meeting January 12, 2026 (Minutes), dated January 12, 2026 from Town of Needham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mass Housing hold?

Mass Housing 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 Town of Needham currently buying?

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

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