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Innovan Neighborhoods gets $8M Development Loan

City of Dallas city logoCity of Dallas city
Disclosed value
$6,000,000.00
From meeting minutes
Document date
May 27, 2025
Term
$2,000,000.00

The 30-second brief

What it covers

City council authorized a development loan agreement with Innovan Neighborhoods, LLC for the development of 6601 S. Lancaster townhomes, with 188 units single-family housing development at 6601 S. Lancaster Road, Dallas, Texas 75241.

Who holds it

Innovan Neighborhoods holds this development loan contract with City of Dallas city. Its other public contracts on record include work for Town of Dallas.

What happens next

Term as filed: $2,000,000.00.

See who signed off on this $6M contract.

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Contract details

Contract type
Development Loan
Amount
$6,000,000.00
Document date
May 27, 2025
Term
$2,000,000.00
Vendor
Innovan Neighborhoods
Agency
City of Dallas city
Source document
city-of-dallas-meeting-minutes-2025-05-27_b6a.pdf (Meeting Minutes)

Innovan Neighborhoods's other public contracts

Town of Dallas, MissouriInnovan Neighborhoods $8M housing development grant · Jun 11, 2025$8MTown of Dallas, OhioLoan for single-family housing development in Dallas · May 27, 2025$6MTown of Dallas, Indiana$6M loan approved for Innovan Neighborhoods townhomes · May 27, 2025$6MCity of Dallas city, TexasInnovan Neighborhoods Gains Approval for Townhouse Subdistrict · Oct 10, 2024UndisclosedAll Innovan Neighborhoods contractsVendor profile

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Questions about this contract

Who was awarded the development loan contract by City of Dallas city?

Innovan Neighborhoods was awarded this development loan contract by City of Dallas city, as recorded on May 27, 2025. The contract value is $6,000,000.00.

How much is the Innovan Neighborhoods contract with City of Dallas city worth?

The Innovan Neighborhoods contract with City of Dallas city is valued at $6,000,000.00, covering development loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-dallas-meeting-minutes-2025-05-27_b6a.pdf (Meeting Minutes), dated May 27, 2025 from City of Dallas city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Innovan Neighborhoods hold?

Innovan Neighborhoods 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 Dallas city currently buying?

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

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