Wake Technical Community College Awards $1,763,386 Financial Services Contract to Evergreen Construction (April 2022)
Wake Technical Community CollegeHigher Ed · Raleigh, NC- Disclosed value
- $1,763,386
- From minutes
- Approved
- Apr 18, 2022
- Term
- 30 years at 2% interest, balloon payment
The 30-second brief
Wake County approved a loan of up to $1,763,386 to Evergreen Construction for the Abbey Spring Apartments senior affordable housing project in Apex. The 30-year, 2% balloon loan will help finance 84 LIHTC units, including deeply affordable and supportive housing, subject to local approvals and state tax credit awards.
Evergreen Construction holds this financial services contract with Wake Technical Community College. Its other public contracts on record include work for Town of Shandaken and DeKalb County School District.
Term as filed: 30 years at 2% interest, balloon payment.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,763,386
- Document date
- April 18, 2022
- Term
- 30 years at 2% interest, balloon payment
- Vendor
- Evergreen Construction
- Source document
- wake_county_board_of_commissioners_meeting_minutes.pdf (Minutes)
Evergreen Construction's other public contracts
More Wake Technical Community College contracts
Questions about this contract
Who was awarded the financial services contract by Wake Technical Community College?
Evergreen Construction was awarded this financial services contract by Wake Technical Community College, as recorded on April 18, 2022. The contract value is $1,763,386.
How much is the Evergreen Construction contract with Wake Technical Community College worth?
The Evergreen Construction contract with Wake Technical Community College is valued at $1,763,386, 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 wake_county_board_of_commissioners_meeting_minutes.pdf (Minutes), dated April 18, 2022 from Wake Technical Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Evergreen Construction hold?
Evergreen Construction 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 Wake Technical Community College currently buying?
Explore Wake Technical Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.