EDA Approves Phase V Contract with Partnership Community Land Trust
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Description
Blue Earth County’s Economic Development Authority approved a Phase V service contract providing $75,000 to the Partnership Community Land Trust to support construction and sale of five new affordable CLT homes in Mankato by December 31, 2027. The agreement covers outreach, homebuyer support, and development services, with grants paid at closing.
Contract Details
Contract Amount
$75,000
Vendor
PARTNERSHIP COMMUNITY LAND TRUST
Agency
Blue Earth County, MN
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 21, 2026
Contract Term
Execution April 21, 2026 – December 31, 2027 (extendable by mutual consent)
Renewal Date
2027-12-31
Renewal Info
Contract in effect until December 31, 2027, with option to extend by mutual consent if home purchases are still underway.
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