OTHERPENDING

City Enters Pre-Development Agreement for Affordable Housing

The City of Marshall and its EDA approved a Preliminary Development Agreement with Family Housing of Marshall, LP, granting an option to purchase city land on Legion Field Road for $210,000. The agreement contemplates up to $520,000 in local incentives and aid to support a 42‑unit affordable family apartment project, contingent on financing and approvals through January 31, 2027.

Status
PENDING
Document date
June 23, 2026
Contract type
OTHER
Vendor
Family Housing of Marshall Lp
Agency
City of Marshall · MN

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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
$210,000 option price plus $210,000 cash incentive, $100,000 Statewide Affordable Housing Aid, and $200,000 EDA funding
Contract type
OTHER
Contract term
Option and pre-development period through January 31, 2027
Renewal date
2027-01-31
Renewal
Agreement includes an option period and automatically terminates no later than January 31, 2027 unless superseded by a full development contract.
Document type
AgendaPacket
Source document
City of Marshall City Council Agenda Packet 2026-06-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Marshall?

Family Housing of Marshall Lp was awarded this government contract by City of Marshall, as recorded on June 23, 2026. The contract value is $210,000 option price plus $210,000 cash incentive, $100,000 Statewide Affordable Housing Aid, and $200,000 EDA funding.

How much is the Family Housing of Marshall Lp contract with City of Marshall worth?

The Family Housing of Marshall Lp contract with City of Marshall is valued at $210,000 option price plus $210,000 cash incentive, $100,000 Statewide Affordable Housing Aid, and $200,000 EDA funding.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Marshall City Council Agenda Packet 2026-06-23 (AgendaPacket), dated June 23, 2026 from City of Marshall. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Family Housing of Marshall Lp hold?

Family Housing of Marshall Lp 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 Family Housing of Marshall Lp's profile

What is City of Marshall currently buying?

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

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