FINANCIAL_SERVICESAMENDED

HRA Amends CDBG Loan With TWV Limited Partnership

The Saint Paul HRA authorized an amendment to its existing $275,000 CDBG loan with TWV Limited Partnership to release the Torre de San Miguel property from loan collateral while keeping Westminster Place and Vista Village as security. The modification preserves the original 4.9% interest rate and January 31, 2042 maturity and supports refinancing and rehabilitation of the portfolio without additional HRA funds.

Status
AMENDED
Document date
July 22, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Twv Limited Partnership
Agency
City of St. Paul · MN

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WithersRavenel logo
Derivita logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$275,000 original principal; current balance $726,876.32
Contract type
FINANCIAL_SERVICES
Contract term
Deferred loan at 4.9% interest maturing January 31, 2042
Renewal date
2042-01-31
Renewal
Original CDBG loan originated December 2006 for $275,000 at 4.9% interest, deferred and maturing January 31, 2042; this action amends only the collateral description to remove Torre de San Miguel while maintaining Westminster Place and Vista Village, and does not change repayment, interest, or maturity. Other lenders Family Housing Fund and Minnesota Housing are pursuing similar collateral modifications on their TWV debt.
Document type
AgendaPacket
Source document
City of Saint Paul Housing & Redevelopment Authority Meeting AgendaPacket 2026-07-22

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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 St. Paul?

Twv Limited Partnership was awarded this financial services contract by City of St. Paul, as recorded on July 22, 2026. The contract value is $275,000 original principal; current balance $726,876.32.

How much is the Twv Limited Partnership contract with City of St. Paul worth?

The Twv Limited Partnership contract with City of St. Paul is valued at $275,000 original principal; current balance $726,876.32, 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 City of Saint Paul Housing & Redevelopment Authority Meeting AgendaPacket 2026-07-22 (AgendaPacket), dated July 22, 2026 from City of St. Paul. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Twv Limited Partnership hold?

Twv Limited Partnership 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 St. Paul currently buying?

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