FINANCIAL_SERVICESAMENDED

Edina Extends $3M Habitat for Humanity Credit Line

The Edina Housing & Redevelopment Authority is amending its $3 million, zero-interest revolving line of credit with Twin Cities Habitat for Humanity to extend the term from three to five years. The amendment allows Habitat to use remaining funds to acquire, rehabilitate, and sell additional homes for long-term affordable ownership in Edina beyond the original six-home target.

Status
AMENDED
Document date
May 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Twin Cities Habitat for Humanity
Agency
City of Edina · MN

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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
$3,000,000 line of credit (revolving)
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 so the line of credit term is now five years from the original April 13, 2023 effective date and permits use of the Program for more than six homes.
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?

Twin Cities Habitat for Humanity 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 (revolving).

How much is the Twin Cities Habitat for Humanity contract with City of Edina worth?

The Twin Cities Habitat for Humanity contract with City of Edina is valued at $3,000,000 line of credit (revolving), 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 Twin Cities Habitat for Humanity hold?

Twin Cities Habitat for Humanity may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Edina currently buying?

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

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