City Approves $11M Loan to Garrison Frazier for Housing Project
- Disclosed value
- $11,000,000 (City investment); total project $51,000,000
- From agendapacket
- Approved
- Mar 2, 2026
- Renews
- Free account
The 30-second brief
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.
Garrison Frazier holds this contract with City of Elkhart.
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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
- Vendor
- Garrison Frazier
- Agency
- City of Elkhart
- Source document
- Elkhart City Council Meeting Agenda Packet March 2026 (AgendaPacket)
Garrison Frazier's other public contracts
More City of Elkhart contracts
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.
What is City of Elkhart currently buying?
Explore City of Elkhart's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.