CONTRACTPENDING

Minnesota Housing provides $7.96M deferred loan for housing

Disclosed value: $7,964,000; From agenda
Document date: Jul 17, 2025
Term: December 18, 2024

What it covers

City of Grand Rapids has received a deferred loan from Minnesota Housing in the maximum amount of $7,964,000 for the Project.\nCity will pay or reimburse the developer for Deferred Loan-Eligible costs in accordance with the terms of the approved and executed Deferred Loan Agreement, the Minnesota Housing Workforce Housing Development Program Guide, as amended (the “Program Guide”).

Who holds it

Ktj 435 holds this deferred loan contract with City of Grand Rapids.

What happens next

Term as filed: December 18, 2024.

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Contract details

Contract type: Deferred Loan
Amount: $7,964,000
Document date: July 17, 2025
Term: December 18, 2024
Vendor: Ktj 435
Agency: City of Grand Rapids
Source document: city-of-grand-rapids-eda-special-meeting-agenda-july-17-2025_f93.pdf (Agenda)

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Questions about this contract

Who was awarded the deferred loan contract by City of Grand Rapids?

Ktj 435 was awarded this deferred loan contract by City of Grand Rapids, as recorded on July 17, 2025. The contract value is $7,964,000.

How much is the Ktj 435 contract with City of Grand Rapids worth?

The Ktj 435 contract with City of Grand Rapids is valued at $7,964,000, covering deferred loan work.

What type of contract is this?

This is a Deferred Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-grand-rapids-eda-special-meeting-agenda-july-17-2025_f93.pdf (Agenda), dated July 17, 2025 from City of Grand Rapids. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ktj 435 hold?

Ktj 435 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 City of Grand Rapids currently buying?

Explore City of Grand Rapids's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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