FINANCIAL_SERVICESPENDING

NEF expected as investor for Heritage Blvd LIHTC deal

National Equity Fund is anticipated to be chosen as the low-income housing tax credit investor for the HACPFC Heritage Blvd. Apartments project in Pasco, providing equity at approximately $0.82 per dollar of credits. Financial closing is targeted for April 1, 2027.

Status
PENDING
Document date
August 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
National Equity Fund
Agency
Washington State Housing Finance Commission · WA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Tax credit equity at $0.8050 per credit x 10 years (approx. $21,180,209 for Chalice Place, anticipated selection)
Contract type
FINANCIAL_SERVICES
Contract term
LIHTC investment over 10-year credit period
Renewal date
2027-04-01
Renewal
Investment covers 10-year LIHTC credit period, with compliance obligations typically extending for at least 15 years and additional extended use as required.
Document type
AgendaPacket
Source document
Washington State Housing Finance Commission Board Meeting Packet 2026-08-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Washington State Housing Finance Commission?

National Equity Fund was awarded this financial services contract by Washington State Housing Finance Commission, as recorded on August 23, 2026. The contract value is Tax credit equity at $0.8050 per credit x 10 years (approx. $21,180,209 for Chalice Place, anticipated selection).

How much is the National Equity Fund contract with Washington State Housing Finance Commission worth?

The National Equity Fund contract with Washington State Housing Finance Commission is valued at Tax credit equity at $0.8050 per credit x 10 years (approx. $21,180,209 for Chalice Place, anticipated selection), 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 Washington State Housing Finance Commission Board Meeting Packet 2026-08-27 (AgendaPacket), dated August 23, 2026 from Washington State Housing Finance Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does National Equity Fund hold?

National Equity Fund may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Washington State Housing Finance Commission currently buying?

Explore Washington State Housing Finance Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Washington State Housing Finance Commission's profile

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