FINANCIAL_SERVICESAPPROVED

Minnesota Housing Finance Agency Awards Financial Services Contract to Slocum, Traphie (May 2026)

Minnesota Housing secured personal guarantees from Traphie Slocum to support the LMIR and bridge loans for The LOMA development. The guarantees cover completion, repayment, and operating performance until the project meets required financial tests.

Status
APPROVED
Document date
May 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Slocum, Traphie
Agency
Minnesota Housing Finance Agency · MN

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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 type
FINANCIAL_SERVICES
Contract term
Guarantees effective through construction, lease-up, and until specified debt coverage and regulatory conditions are met
Renewal
Guarantee remains in effect until loan and regulatory milestones, including a 1.11 debt service coverage ratio for three months, are achieved.
Document type
AgendaPacket
Source document
Minnesota Housing AgendaPacket 2026-05-28

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Minnesota Housing Finance Agency?

Slocum, Traphie was awarded this financial services contract by Minnesota Housing Finance Agency, as recorded on May 28, 2026.

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 Minnesota Housing AgendaPacket 2026-05-28 (AgendaPacket), dated May 28, 2026 from Minnesota Housing Finance Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Slocum, Traphie hold?

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

View Slocum, Traphie's profile

What is Minnesota Housing Finance Agency currently buying?

Explore Minnesota Housing Finance Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Minnesota Housing Finance Agency's profile

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