Utah Olene Walker Housing Loan Fund Board | State of Utah Awards $2,000,000 Financial Services Contract to B3 Development (October 2025)
- Disclosed value
- $2,000,000
- From minutes
- Approved
- Oct 9, 2025
- Term
- 30 years at 2.5% interest-only
The 30-second brief
The Olene Walker Housing Loan Fund Board approved a $2 million HOME loan to B3 Development for Senior Living at Millcreek in Ogden. The 30-year, interest-only loan carries a 2.5% rate and depends on tax-credit and bond-capacity awards.
B3 Development holds this financial services contract with Utah Olene Walker Housing Loan Fund Board | State of Utah.
Term as filed: 30 years at 2.5% interest-only.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,000,000
- Document date
- October 9, 2025
- Term
- 30 years at 2.5% interest-only
- Vendor
- B3 Development
- Source document
- Olene Walker Housing Loan Fund Minutes Quarterly Board Meeting 2025-10-09 (Minutes)
B3 Development's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Utah Olene Walker Housing Loan Fund Board | State of Utah?
B3 Development was awarded this financial services contract by Utah Olene Walker Housing Loan Fund Board | State of Utah, as recorded on October 9, 2025. The contract value is $2,000,000.
How much is the B3 Development contract with Utah Olene Walker Housing Loan Fund Board | State of Utah worth?
The B3 Development contract with Utah Olene Walker Housing Loan Fund Board | State of Utah is valued at $2,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Olene Walker Housing Loan Fund Minutes Quarterly Board Meeting 2025-10-09 (Minutes), dated October 9, 2025 from Utah Olene Walker Housing Loan Fund Board | State of Utah. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does B3 Development hold?
B3 Development 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 Utah Olene Walker Housing Loan Fund Board | State of Utah currently buying?
Explore Utah Olene Walker Housing Loan Fund Board | State of Utah's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.