FINANCIAL_SERVICESAMENDED

Edina Extends Home Preservation Agreement With Land Trust

Edina’s Housing & Redevelopment Authority approved a first amendment to its Home Preservation Line of Credit Program, extending the five‑year term for the shared $3 million facility with Homes Within Reach and Twin Cities Habitat for Humanity. Homes Within Reach will continue to place acquired properties into a land trust and execute 99‑year ground leases to ensure long-term affordability.

Status
AMENDED
Document date
May 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
West Hennepin Affordable Housing Land Trust Dba Homes Within Reach
Agency
City of Edina · MN

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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
$3,000,000 line of credit (shared program with TCHFH)
Contract type
FINANCIAL_SERVICES
Contract term
Extended from 3 to 5 years from April 13, 2023
Renewal date
2028-04-13
Renewal
First Amendment extends the Agreement’s termination date to five years from the original April 13, 2023 effective date, enabling Homes Within Reach to continue receiving land, placing it into trust, and supporting additional homes beyond the original six.
Document type
AgendaPacket
Source document
Edina Housing & Redevelopment Authority Meeting Agenda May 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Edina?

West Hennepin Affordable Housing Land Trust Dba Homes Within Reach was awarded this financial services contract by City of Edina, as recorded on May 14, 2026. The contract value is $3,000,000 line of credit (shared program with TCHFH).

How much is the West Hennepin Affordable Housing Land Trust Dba Homes Within Reach contract with City of Edina worth?

The West Hennepin Affordable Housing Land Trust Dba Homes Within Reach contract with City of Edina is valued at $3,000,000 line of credit (shared program with TCHFH), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Edina Housing & Redevelopment Authority Meeting Agenda May 2026 (AgendaPacket), dated May 14, 2026 from City of Edina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does West Hennepin Affordable Housing Land Trust Dba Homes Within Reach hold?

West Hennepin Affordable Housing Land Trust Dba Homes Within Reach 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 West Hennepin Affordable Housing Land Trust Dba Homes Within Reach's profile

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

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