DAKOTA county CDA Awards Financial Services Contract to Burnsville Housing Limited Partnership (May 2026)
- Disclosed value
- Borrower loan funded by Note proceeds up to $18,019,000 and HOME Loan up to $784,408.87
- From agendapacket
- Approved
- May 19, 2026
The 30-second brief
The CDA Board approved financing agreements with Burnsville Housing Limited Partnership for the 120-unit Burnsville Family Apartments, including a borrower loan funded by up to $18,019,000 in revenue note proceeds and a HOME Loan up to $784,408.87. The partnership will execute mortgage and regulatory documents to secure and govern the affordable housing project.
Burnsville Housing Limited Partnership holds this financial services contract with DAKOTA county CDA.
Term as filed: Project financing term aligned with revenue note and HOME requirements; bonds anticipated final maturity of up to 20 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Borrower loan funded by Note proceeds up to $18,019,000 and HOME Loan up to $784,408.87
- Document date
- May 19, 2026
- Term
- Project financing term aligned with revenue note and HOME requirements; bonds anticipated final maturity of up to 20 years
- Agency
- DAKOTA county CDA
- Source document
- Dakota County CDA Board of Commissioners Agenda May 19 2026 (AgendaPacket)
More DAKOTA county CDA contracts
Questions about this contract
Who was awarded the financial services contract by DAKOTA county CDA?
Burnsville Housing Limited Partnership was awarded this financial services contract by DAKOTA county CDA, as recorded on May 19, 2026. The contract value is Borrower loan funded by Note proceeds up to $18,019,000 and HOME Loan up to $784,408.87.
How much is the Burnsville Housing Limited Partnership contract with DAKOTA county CDA worth?
The Burnsville Housing Limited Partnership contract with DAKOTA county CDA is valued at Borrower loan funded by Note proceeds up to $18,019,000 and HOME Loan up to $784,408.87, covering financial services work.
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 Dakota County CDA Board of Commissioners Agenda May 19 2026 (AgendaPacket), dated May 19, 2026 from DAKOTA county CDA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Burnsville Housing Limited Partnership hold?
Burnsville Housing Limited Partnership 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 DAKOTA county CDA currently buying?
Explore DAKOTA county CDA's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.