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Northpointe Development seeks $1.2M loan for housing

Verona village logoVerona village
Disclosed value
$1,200,000
From meeting minutes
Document date
May 27, 2025
Term
17-year term

The 30-second brief

What it covers

Northpointe Development is requesting a $1,200,000 loan for affordable housing units, funded at certificate of occupancy, with a 17-year term at 2.75% interest and a balloon payment at maturity.

Who holds it

Northpointe Development holds this loan contract with Verona village. Its other public contracts on record include work for Oregon village.

What happens next

Term as filed: 17-year term.

See who signed off on this $1.2M contract.

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Contract details

Contract type
Loan
Amount
$1,200,000
Document date
May 27, 2025
Term
17-year term
Vendor
Northpointe Development
Agency
Verona village
Source document
verona-village-meeting-minutes-2025-05-27_593.pdf (Meeting Minutes)

Northpointe Development's other public contracts

Oregon village, WisconsinCDBG-DR Park Project with Northpointe Not Executed · Mar 8, 2026Oregon village, WisconsinVillage Pursues CDBG Park Improvement Agreement with Northpointe · Mar 2, 2026Oregon village, WisconsinNorthpointe to Manage $400K Park Grant at 235 N Main · Mar 2, 2026Oregon village, WisconsinCDBG Park Development Agreements Planned · Feb 16, 2026UndisclosedOregon village, WisconsinVillage Prepares Park Improvement Agreements with Northpointe Development · Feb 16, 2026All Northpointe Development contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Verona village?

Northpointe Development was awarded this loan contract by Verona village, as recorded on May 27, 2025. The contract value is $1,200,000.

How much is the Northpointe Development contract with Verona village worth?

The Northpointe Development contract with Verona village is valued at $1,200,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in verona-village-meeting-minutes-2025-05-27_593.pdf (Meeting Minutes), dated May 27, 2025 from Verona village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Northpointe Development hold?

Northpointe 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 Verona village currently buying?

Explore Verona village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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