public-housing-commission-of-the-city-of-marshallagenda-2025-06-24_61e.pdf
Apartment complex pre-development agreement OK'd for Marshall
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Description
City of Marshall approves pre-development agreement with RLIC Land Holdings, LLC for a 60-unit affordable family apartment complex. Developer to acquire property for $325,000, receive $325,000 cash incentive, $102,195 from the EDA, and $200,000 EDA funding for infrastructure.
Contract Details
Contract Amount
$325,000
Vendor
RLIC LAND HOLDINGS
Agency
PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL, MN
Contract Type
Real Estate
Document Date
June 24, 2025
Contract Term
NA
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pendingIssuing Agency
PUBLIC HOUSING COMMISSION OF THE city OF MARSHALL
Local Housing Authority
Marshall, MN
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