FINANCIAL_SERVICESAPPROVED

City of De Queen Awards $3,800,000 Financial Services Contract to Red Tail Multifamily Land Development (January 2026)

The City of Palm Springs plans to commit a $3.8 million loan to Red Tail Multifamily Land Development. The financing will support construction of an 82‑unit affordable rental housing project at 305 West San Rafael Drive.

Status
APPROVED
Document date
January 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Red Tail Multifamily Land Development
Agency
City of De Queen · AR

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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 amount
$3,800,000
Contract type
FINANCIAL_SERVICES
Renewal
Loan and related regulatory agreements to be structured by the City Manager, subject to City Attorney approval; specific repayment and term details not provided in the agenda text.
Document type
Agenda
Source document
City of Palm Springs City Council Regular Meeting Agenda January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of De Queen?

Red Tail Multifamily Land Development was awarded this financial services contract by City of De Queen, as recorded on January 28, 2026. The contract value is $3,800,000.

How much is the Red Tail Multifamily Land Development contract with City of De Queen worth?

The Red Tail Multifamily Land Development contract with City of De Queen is valued at $3,800,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Palm Springs City Council Regular Meeting Agenda January 2026 (Agenda), dated January 28, 2026 from City of De Queen. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Red Tail Multifamily Land Development hold?

Red Tail Multifamily Land Development 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 Red Tail Multifamily Land Development's profile

What is City of De Queen currently buying?

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

View City of De Queen's profile

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