CONTRACTAPPROVED

Wake Technical Community College Awards $2,310,000 Financial Services Contract to Trinity Development (April 2024)

Wake Technical Community College logoWake Technical Community College
Disclosed value
$2,310,000
From minutes
Approved
Apr 15, 2024
Term
20 year @ 2.0%, balloon

The 30-second brief

What it covers

Wake County authorized a $2.31 million loan to Trinity Development for the Villas at White Oak elderly affordable housing project in Garner. The 20-year, 2% balloon loan backs a 64-unit LIHTC development with a range of income-restricted units.

Who holds it

Trinity Development holds this financial services contract with Wake Technical Community College. Its other public contracts on record include work for Town of Waverly Hall and Pine Village Pud.

What happens next

Term as filed: 20 year @ 2.0%, balloon.

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Contract details

Contract type
Financial Services
Amount
$2,310,000
Document date
April 15, 2024
Term
20 year @ 2.0%, balloon
Source document
wake_county_board_of_commissioners_meeting_minutes.pdf (Minutes)

Trinity Development'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?

Trinity Development was awarded this financial services contract by Wake Technical Community College, as recorded on April 15, 2024. The contract value is $2,310,000.

How much is the Trinity Development contract with Wake Technical Community College worth?

The Trinity Development contract with Wake Technical Community College is valued at $2,310,000, 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 wake_county_board_of_commissioners_meeting_minutes.pdf (Minutes), dated April 15, 2024 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 Trinity Development hold?

Trinity 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 Wake Technical Community College currently buying?

Explore Wake Technical Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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