OTHERAPPROVED

Pre-Development Deal for Affordable Housing Approved

The City of Marshall approved a Pre-Development Agreement with RLIC Land Holdings, LLC to support a 60-unit affordable family apartment complex at Legion Field. The deal includes a property option, cash incentives, state affordable housing aid, and EDA infrastructure funding, with the agreement terminating January 31, 2026.

Status
APPROVED
Document date
July 8, 2025
Contract type
OTHER
Vendor
Rlic Land Holdings Llc
Agency
City of McGrath · MN

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
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WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
$325,000 property option plus $325,000 cash incentive, plus $102,195 Statewide Affordable Housing Aid and $200,000 EDA funding
Contract type
OTHER
Contract term
Termination date of January 31, 2026
Renewal date
2026-01-31
Renewal
Pre-Development Agreement terminates on January 31, 2026 unless extended or superseded by a subsequent development agreement.
Document type
Agenda
Source document
city-of-marshall-agenda-2025-07-08_ee5.pdf

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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 McGrath?

Rlic Land Holdings Llc was awarded this government contract by City of McGrath, as recorded on July 8, 2025. The contract value is $325,000 property option plus $325,000 cash incentive, plus $102,195 Statewide Affordable Housing Aid and $200,000 EDA funding.

How much is the Rlic Land Holdings Llc contract with City of McGrath worth?

The Rlic Land Holdings Llc contract with City of McGrath is valued at $325,000 property option plus $325,000 cash incentive, plus $102,195 Statewide Affordable Housing Aid and $200,000 EDA funding.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-marshall-agenda-2025-07-08_ee5.pdf (Agenda), dated July 8, 2025 from City of McGrath. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rlic Land Holdings Llc hold?

Rlic Land Holdings Llc 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 Rlic Land Holdings Llc's profile

What is City of McGrath currently buying?

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

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