$42 Million Bond Considered for The Rhys Apartments
Sioux Falls Housing and Redevelopment CommissionLocal Housing Authority · Sioux Falls, SD- Disclosed value
- $42,000,000
- From minutes
- Document date
- Jul 8, 2025
The 30-second brief
The South Dakota Housing Development Authority is considering issuing revenue bonds or notes in an amount not to exceed $42,000,000 to finance a loan for the acquisition, construction, and equipping of a multifamily housing development named The Rhys Apartments, located in Sioux Falls.
Big Red Development holds this revenue bonds contract with Sioux Falls Housing and Redevelopment Commission. Its other public contracts on record include work for Lake Andes Housing and Redevelopment Commission and City of Ogallala.
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Contract details
- Contract type
- Revenue Bonds
- Amount
- $42,000,000
- Document date
- July 8, 2025
- Term
- NA
- Vendor
- Big Red Development
- Source document
- sioux-falls-housing-redevelopment-commission-minutes-south-lake-rhys-apartments-july-8-2025_e3a.pdf (Minutes)
Big Red Development's other public contracts
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Questions about this contract
Who was awarded the revenue bonds contract by Sioux Falls Housing and Redevelopment Commission?
Big Red Development was awarded this revenue bonds contract by Sioux Falls Housing and Redevelopment Commission, as recorded on July 8, 2025. The contract value is $42,000,000.
How much is the Big Red Development contract with Sioux Falls Housing and Redevelopment Commission worth?
The Big Red Development contract with Sioux Falls Housing and Redevelopment Commission is valued at $42,000,000, covering revenue bonds work.
What type of contract is this?
This is a Revenue Bonds contract, documented as a minutes record.
Where was this contract approved?
This contract appears in sioux-falls-housing-redevelopment-commission-minutes-south-lake-rhys-apartments-july-8-2025_e3a.pdf (Minutes), dated July 8, 2025 from Sioux Falls Housing and Redevelopment Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Big Red Development hold?
Big Red Development 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 Sioux Falls Housing and Redevelopment Commission currently buying?
Explore Sioux Falls Housing and Redevelopment Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.