CONTRACTAPPROVED

Waterloo Housing Authority Awards $24,538,570 Real Estate Development Contract to Crystal Distribution Services (March 2025)

Waterloo Housing Authority logoWaterloo Housing Authority
Disclosed value
$24,538,570.00
From agenda
Approved
Mar 3, 2025
Term
15 years

The 30-second brief

What it covers

The City of Waterloo approves a Development Agreement with Crystal Distribution Services, Inc., including a minimum assessment agreement of $24,538,570.00. The agreement involves seventy percent property tax rebates for fifteen years and a $137,000.00 economic development grant.

Who holds it

Crystal Distribution Services holds this real estate development contract with Waterloo Housing Authority. Its other public contracts on record include work for Town of Waterloo and Town of Waterloo town.

What happens next

Term as filed: 15 years.

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Contract details

Contract type
Real Estate Development
Amount
$24,538,570.00
Document date
March 3, 2025
Term
15 years
Source document
waterloo-housing-authority-agenda-2025-03-03_d5f.pdf (Agenda)

Crystal Distribution Services's other public contracts

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Questions about this contract

Who was awarded the real estate development contract by Waterloo Housing Authority?

Crystal Distribution Services was awarded this real estate development contract by Waterloo Housing Authority, as recorded on March 3, 2025. The contract value is $24,538,570.00.

How much is the Crystal Distribution Services contract with Waterloo Housing Authority worth?

The Crystal Distribution Services contract with Waterloo Housing Authority is valued at $24,538,570.00, covering real estate development work.

What type of contract is this?

This is a Real Estate Development contract, documented as a agenda record.

Where was this contract approved?

This contract appears in waterloo-housing-authority-agenda-2025-03-03_d5f.pdf (Agenda), dated March 3, 2025 from Waterloo Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Crystal Distribution Services hold?

Crystal Distribution Services 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 Waterloo Housing Authority currently buying?

Explore Waterloo Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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