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DHFC treasurer's report: cash rises after July closings; $1.5M subordinate loan added
5916622 · October 9, 2025
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Summary
Staff reported a $1.6 million cash increase in July following three closings, total income of just over $6.1 million for the first seven months of the fiscal year, and a new $1.5 million subordinated loan with a September 2044 maturity.
Finance staff presented the corporation’s treasurer’s report for the seven months ending July 31, 2025, reporting higher cash and income driven by recent transaction closings.
Shannon (finance staff) told the board that July…
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