EDA amends interest buydown program with Refined Lending
- Disclosed value
- Up to $40,000 (additional forward commitment authorization)
- From minutes
- Document date
- Jun 2, 2025
The 30-second brief
The Blaine Economic Development Authority amended its interest rate buydown program with Refined Lending, raising income limits and authorizing up to an additional $40,000 forward commitment if current funds are used before September 30, 2025. The program uses Local Affordable Housing Aid to reduce mortgage interest rates for eligible homebuyers.
Refined Lending holds this financial services contract with City of Blaine.
Term as filed: Through September 30, 2025 (if existing forward commitment is exhausted prior to this date).
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $40,000 (additional forward commitment authorization)
- Document date
- June 2, 2025
- Term
- Through September 30, 2025 (if existing forward commitment is exhausted prior to this date)
- Vendor
- Refined Lending
- Agency
- City of Blaine
- Source document
- City of Blaine Economic Development Authority Minutes June 2025 (Minutes)
Refined Lending's other public contracts
More City of Blaine contracts
Questions about this contract
Who was awarded the financial services contract by City of Blaine?
Refined Lending was awarded this financial services contract by City of Blaine, as recorded on June 2, 2025. The contract value is Up to $40,000 (additional forward commitment authorization).
How much is the Refined Lending contract with City of Blaine worth?
The Refined Lending contract with City of Blaine is valued at Up to $40,000 (additional forward commitment authorization), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Blaine Economic Development Authority Minutes June 2025 (Minutes), dated June 2, 2025 from City of Blaine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Refined Lending hold?
Refined Lending may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Blaine currently buying?
Explore City of Blaine's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.