CONTRACTAPPROVED

City Approves $11M Loan to Garrison Frazier for Housing Project

City of Elkhart logoCity of Elkhart
Disclosed value
$11,000,000 (City investment); total project $51,000,000
From agendapacket
Approved
Mar 2, 2026
Renews
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The 30-second brief

What it covers

The Council approved an $11 million direct loan to Garrison Frazier for the development of new housing and retail in the Benham Neighborhood, with the developer covering remaining project costs for a $51 million total. The City investment uses TIF, repayable over a 25-year period.

Who holds it

Garrison Frazier holds this contract with City of Elkhart.

What happens next

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Contract details

Amount
$11,000,000 (City investment); total project $51,000,000
Document date
March 2, 2026
Term
25 years (TIF repayment period); project launches fall 2026
Renews
On record
Source document
Elkhart City Council Meeting Agenda Packet March 2026 (AgendaPacket)

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Questions about this contract

Who was awarded the government contract by City of Elkhart?

Garrison Frazier was awarded this government contract by City of Elkhart, as recorded on March 2, 2026. The contract value is $11,000,000 (City investment); total project $51,000,000.

How much is the Garrison Frazier contract with City of Elkhart worth?

The Garrison Frazier contract with City of Elkhart is valued at $11,000,000 (City investment); total project $51,000,000.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Elkhart City Council Meeting Agenda Packet March 2026 (AgendaPacket), dated March 2, 2026 from City of Elkhart. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Garrison Frazier hold?

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

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