FINANCIAL_SERVICESPENDING

Council Considers TIF/Loan Support for Lupe Development

Lupe Development is seeking revised tax increment financing from the City of Little Canada for a 106-unit senior affordable housing project, with the amount depending on other grant outcomes. The City Council is considering either a maximum $200,000 TIF district or an equivalent forgivable loan from Local Affordable Housing Aid funds.

Status
PENDING
Document date
January 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Lupe Development
Agency
City of Little Canada · MN

Trusted by teams at

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
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
$300,000–$400,000 requested (TIF), $200,000 City counteroffer, or $200,000 forgivable loan (LAHA funds)
Contract type
FINANCIAL_SERVICES
Contract term
10 years (TIF term) or forgivable loan alternative
Renewal date
2036-01-01
Renewal
TIF terminates upon reaching stated amount or after 10 years; forgivable loan structure under LAHA. Renewal or extension decisions await outcome of state-level grant and bond applications.
Document type
Agenda
Source document
little_canada_city_council_workshop_meeting_agenda.pdf

Related contracts

Other contracts from Lupe Development.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Little Canada?

Lupe Development was awarded this financial services contract by City of Little Canada, as recorded on January 14, 2026. The contract value is $300,000–$400,000 requested (TIF), $200,000 City counteroffer, or $200,000 forgivable loan (LAHA funds).

How much is the Lupe Development contract with City of Little Canada worth?

The Lupe Development contract with City of Little Canada is valued at $300,000–$400,000 requested (TIF), $200,000 City counteroffer, or $200,000 forgivable loan (LAHA funds), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in little_canada_city_council_workshop_meeting_agenda.pdf (Agenda), dated January 14, 2026 from City of Little Canada. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lupe Development hold?

Lupe 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.

View Lupe Development's profile

What is City of Little Canada currently buying?

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

View City of Little Canada's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free