VHCB Converts Manchester Commons Loan to Zero Interest
Vermont Housing and Conservation Board | State of VermontState · Montpelier, VT- Disclosed value
- $400,000 principal plus $956,480.21 accrued interest
- From minutes
- Document date
- Dec 13, 2024
The 30-second brief
VHCB modified Shires Housing, Inc.'s Manchester Commons HOME Loan. The Board reduced the interest rate from 11.58 percent to zero.
Shires Housing Inc holds this financial services contract with Vermont Housing and Conservation Board | State of Vermont.
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Contract details
- Contract type
- Financial Services
- Amount
- $400,000 principal plus $956,480.21 accrued interest
- Document date
- December 13, 2024
- Vendor
- Shires Housing Inc
- Source document
- Vermont Housing & Conservation Board Minutes 2024-12-13 (Minutes)
More Vermont Housing and Conservation Board | State of Vermont contracts
Questions about this contract
Who was awarded the financial services contract by Vermont Housing and Conservation Board | State of Vermont?
Shires Housing Inc was awarded this financial services contract by Vermont Housing and Conservation Board | State of Vermont, as recorded on December 13, 2024. The contract value is $400,000 principal plus $956,480.21 accrued interest.
How much is the Shires Housing Inc contract with Vermont Housing and Conservation Board | State of Vermont worth?
The Shires Housing Inc contract with Vermont Housing and Conservation Board | State of Vermont is valued at $400,000 principal plus $956,480.21 accrued interest, 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 Vermont Housing & Conservation Board Minutes 2024-12-13 (Minutes), dated December 13, 2024 from Vermont Housing and Conservation Board | State of Vermont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Shires Housing Inc hold?
Shires Housing 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 Vermont Housing and Conservation Board | State of Vermont currently buying?
Explore Vermont Housing and Conservation Board | State of Vermont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.