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City of Grand Junction Awards $885,531 Development Funding Contract to Aspire Residential (April 2025)

City of Grand Junction
Disclosed value
$885,531
From minutes
Approved
Apr 2, 2025

The 30-second brief

What it covers

City Council approves $885,531 in funding for Aspire Residential, LLC's Liberty Apartments project, a 192-unit complex at 2651 Stacy Drive. The funding supports Phase 1, covering 72 units, land acquisition, ditch relocation, and fee payments. Project aims to provide affordable housing and align with Proposition 123 goals.

Who holds it

Aspire Residential holds this development funding contract with City of Grand Junction.

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Contract details

Contract type
Development Funding
Amount
$885,531
Document date
April 2, 2025
Term
NA
Vendor
Aspire Residential
Agency
City of Grand Junction
Source document
grand-junction-city-council-meeting-minutes-april-2-2025_37f.pdf (Minutes)

Aspire Residential's other public contracts

City of Grand Junction, ColoradoPartial Drainage Easement Vacation by Aspire Residential Moves Forward · Feb 24, 2026UndisclosedCity of Grand Junction, ColoradoAspire Residential seeks easement vacation for apartment development · Jan 27, 2026UndisclosedCity of Grand Junction, ColoradoAspire Residential Receives $938K for Liberty Apartments · Sep 17, 2025$938.5KCity of Grand Junction, ColoradoFunding Agreement for Liberty Apartments Project · Sep 17, 2025$938.5KCity of Grand Junction, ColoradoGrand Junction approves $938K for Liberty Apartments project · Sep 17, 2025$938.5KAll Aspire Residential contractsVendor profile

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Questions about this contract

Who was awarded the development funding contract by City of Grand Junction?

Aspire Residential was awarded this development funding contract by City of Grand Junction, as recorded on April 2, 2025. The contract value is $885,531.

How much is the Aspire Residential contract with City of Grand Junction worth?

The Aspire Residential contract with City of Grand Junction is valued at $885,531, covering development funding work.

What type of contract is this?

This is a Development Funding contract, documented as a minutes record.

Where was this contract approved?

This contract appears in grand-junction-city-council-meeting-minutes-april-2-2025_37f.pdf (Minutes), dated April 2, 2025 from City of Grand Junction. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Aspire Residential hold?

Aspire Residential 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 Grand Junction currently buying?

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

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