Valencia County Awards $200,000 Financial Services Contract to Spire Development Inc (January 2025)
Valencia CountyCounty · NM- Disclosed value
- $200,000
- From agendapacket
- Approved
- Jan 15, 2025
The 30-second brief
Valencia County approved a resolution committing $200,000 in direct investment to Spire Development, Inc. for the 57-unit Plaza Luna Lofts affordable senior housing project at 880 Juan Perea Road SE. The grant, tied to the County’s share of gross receipts tax on the project, will be paid at construction completion if the development secures LIHTC funding from the New Mexico Mortgage Finance Authority in 2025 or 2026.
Spire Development Inc holds this financial services contract with Valencia County. Its other public contracts on record include work for Kentucky Housing Corporation-state Agency and City of Mount Pleasant.
Term as filed: One-time cash grant payable at construction completion, contingent on LIHTC award in 2025 or 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- $200,000
- Document date
- January 15, 2025
- Term
- One-time cash grant payable at construction completion, contingent on LIHTC award in 2025 or 2026
- Vendor
- Spire Development Inc
- Agency
- Valencia County
- Source document
- Valencia County Board of County Commissioners Agenda Packet 2025-01-15 (AgendaPacket)
Spire Development Inc's other public contracts
More Valencia County contracts
Questions about this contract
Who was awarded the financial services contract by Valencia County?
Spire Development Inc was awarded this financial services contract by Valencia County, as recorded on January 15, 2025. The contract value is $200,000.
How much is the Spire Development Inc contract with Valencia County worth?
The Spire Development Inc contract with Valencia County is valued at $200,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Valencia County Board of County Commissioners Agenda Packet 2025-01-15 (AgendaPacket), dated January 15, 2025 from Valencia County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Spire Development Inc hold?
Spire Development Inc 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 Valencia County currently buying?
Explore Valencia County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.