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FINANCIAL_SERVICESAPPROVED

hennepin_county_housing_and_redevelopment_authorit.pdf

Forgivable Acquisition Loan Approved for Trellis Co.

Portion of total combined NTE $1,300,000Hennepin CountyTRELLIS COMPANYDecember 11, 2025

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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

Description

The Hennepin County Housing and Redevelopment Authority approved Agreement PR00006436 with Trellis Co. for a 30-year forgivable acquisition loan. The agreement runs from July 10, 2024 through December 31, 2059, as part of a combined not-to-exceed total of $1.3 million.

Contract Details

Contract Amount

Portion of total combined NTE $1,300,000

Vendor

TRELLIS COMPANY

Agency

Hennepin County, MN

Contract Type

FINANCIAL_SERVICES

Document Date

December 11, 2025

Contract Term

07/10/24-12/31/59 (30-year forgivable acquisition loan)

Renewal Date

2059-12-31

Renewal Info

30-year forgivable loan structure from 07/10/24 to 12/31/59; no explicit renewal options stated.

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