FINANCIAL_SERVICESONGOING

Existing HIA loan supports The LOMA development

Minnesota Housing continues to support The LOMA project with a previously approved $9,234,000 Housing Infrastructure Appropriation loan at 0% interest. The long‑term subordinate financing requires 40 years of income- and rent-restricted affordability for the 62-unit senior development in Minneapolis.

Status
ONGOING
Document date
May 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Loma Limited Partnership
Agency
Minnesota Housing Finance Agency · MN

Trusted by teams at

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
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
$9,234,000
Contract type
FINANCIAL_SERVICES
Contract term
Construction period plus 40 years from loan closing
Renewal
HIA loan requires construction period plus 40 years of affordability from closing; structured as long‑term deferred financing with no interest, and no renewals described beyond the fixed affordability term.
Document type
AgendaPacket
Source document
Minnesota Housing Board Agenda Packet 2026-05-28

Related contracts

Other contracts from Loma Limited Partnership.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Minnesota Housing Finance Agency?

Loma Limited Partnership was awarded this financial services contract by Minnesota Housing Finance Agency, as recorded on May 28, 2026. The contract value is $9,234,000.

How much is the Loma Limited Partnership contract with Minnesota Housing Finance Agency worth?

The Loma Limited Partnership contract with Minnesota Housing Finance Agency is valued at $9,234,000, 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 Minnesota Housing Board Agenda Packet 2026-05-28 (AgendaPacket), dated May 28, 2026 from Minnesota Housing Finance Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Loma Limited Partnership hold?

Loma 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.

View Loma Limited Partnership's profile

What is Minnesota Housing Finance Agency currently buying?

Explore Minnesota Housing Finance Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Minnesota Housing Finance Agency's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free