Tax Increment Financingpending

Village apartments LLC Receives $677000 for Development

Village Apartments LLC is granted a $677000 TIF assistance through a pay-as-you-go agreement. It will be used for construction of 35 unit apartment. Developer required to rent out 20% of the units to person whose income does not exceed 50% of the county median income.

Status
pending
Document date
July 8, 2025
Contract type
Tax Increment Financing
Vendor
Village Apartments
Agency
Town of Morse · MN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$677,000
Contract type
Tax Increment Financing
Contract term
NA
Document type
Agenda
Source document
town-of-morse-agenda-2025-07-08_754.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the tax increment financing contract by Town of Morse?

Village Apartments was awarded this tax increment financing contract by Town of Morse, as recorded on July 8, 2025. The contract value is $677,000.

How much is the Village Apartments contract with Town of Morse worth?

The Village Apartments contract with Town of Morse is valued at $677,000, covering tax increment financing work.

What type of contract is this?

This is a Tax Increment Financing contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-morse-agenda-2025-07-08_754.pdf (Agenda), dated July 8, 2025 from Town of Morse. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

View Village Apartments's profile

What is Town of Morse currently buying?

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

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