Financing approved for NStarr development houses
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Description
City Council approved financing for two single-family homes and one twin home on City-owned lots, partnering with Red River CHDO to address appraisal gaps. The project relies on HIF funding and a developer fee split.
Contract Details
Contract Amount
$1.5-$2 million
Vendor
RED RIVER COMMUNITY HOUSING DEVELOPMENT ORGANIZATION
Agency
Town of Grafton, SD
Contract Type
Construction
Document Date
June 9, 2025
Contract Term
NA
More from RED RIVER COMMUNITY HOUSING DEVELOPMENT ORGANIZATION
More from Town of Grafton
grafton-city-council-agenda-august-11-2025_0b0.pdf
grafton-city-council-agenda-august-11-2025_648.pdf
grafton-city-council-agenda-july-14-2025_dbd.pdf
grafton-city-council-agenda-july-14-2025_dbd.pdf
grafton-city-council-agenda-july-14-2025_dbd.pdf
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