CONTRACTPENDING

Village Apartments LLC receives TIF for apartment

Disclosed value: $677,000; From agenda
Document date: Jul 8, 2025

What it covers

Village Apartments LLC receives $677,000 TIF loan from the city, is proposing a 35-unit apartment building at 2055 Dala Lane and is requesting Tax increment Financing (TIF) assistance from the City of Mora.

Who holds it

Village Apartments holds this loan contract with City of Quamba. Its other public contracts on record include work for City of Santa Barbara and City of Lake Henry.

What happens next

Term as filed: Payable on August 1, 2027, and on each February 1 and August 1 thereafter to and including February 1, 2039.

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Contract details

Contract type: Loan
Amount: $677,000
Document date: July 8, 2025
Term: Payable on August 1, 2027, and on each February 1 and August 1 thereafter to and including February 1, 2039
Vendor: Village Apartments
Agency: City of Quamba
Source document: city-of-quamba-agenda-2025-07-08_82e.pdf (Agenda)

Village Apartments's other public contracts

City of Santa Barbara, CaliforniaCity Considers Amended Affordability Covenant for Village · Feb 24, 2026Undisclosed City of Lake Henry, MinnesotaVillage Apartments LLC Secures $677K TIF for Development · Jul 15, 2025$677K Town of Morse, MinnesotaVillage apartments LLC Receives $677000 for Development · Jul 8, 2025$677K Town of Brook Park, MinnesotaTax Abatement Amended for The Village apartments · Jun 17, 2025Undisclosed City of Pine, MinnesotaThe Village Apartments LLC to Purchase Property for $1.00 · May 21, 2024$1 All Village Apartments contractsVendor profile

More City of Quamba contracts

MORACity of Mora plans temporary staffing plan · Jul 8, 2025Undisclosed Northspan Group IncNorthspan group to develop strategy for Mora EDA · Jul 8, 2025$9.1K All City of Quamba activityAgency profile

Questions about this contract

Who was awarded the loan contract by City of Quamba?

Village Apartments was awarded this loan contract by City of Quamba, as recorded on July 8, 2025. The contract value is $677,000.

How much is the Village Apartments contract with City of Quamba worth?

The Village Apartments contract with City of Quamba is valued at $677,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-quamba-agenda-2025-07-08_82e.pdf (Agenda), dated July 8, 2025 from City of Quamba. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Village Apartments hold?

Village Apartments 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 Quamba currently buying?

Explore City of Quamba's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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