FINANCIAL_SERVICESAMENDED

Port Authority Modifies Loan To Winona Real Estate Fund

The Port Authority of Winona approved a modified loan agreement with Winona Real Estate Fund on its existing $149,000 loan, deferring principal payments for 18 months while maintaining interest payments. The change is intended to help the borrower adjust to shifts in the housing market and rebalance its rental portfolio.

Status
AMENDED
Document date
June 5, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Winona Real Estate Fund
Agency
City of Winona · MS

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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

Scope & details

The full contract record, as filed.

Contract amount
Existing $149,000 loan; principal payments deferred for 18 months (interest-only)
Contract type
FINANCIAL_SERVICES
Contract term
18-month deferral of principal payments while continuing interest payments
Renewal
Loan originated in June 2022; this action defers principal for 18 months while interest continues. Additional renewal or extension options are not described.
Document type
Minutes
Source document
port-authority-of-winona-minutes-affordable-housing-revitalization-jun-5-2025_c05.pdf

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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 Winona?

Winona Real Estate Fund was awarded this financial services contract by City of Winona, as recorded on June 5, 2025. The contract value is Existing $149,000 loan; principal payments deferred for 18 months (interest-only).

How much is the Winona Real Estate Fund contract with City of Winona worth?

The Winona Real Estate Fund contract with City of Winona is valued at Existing $149,000 loan; principal payments deferred for 18 months (interest-only), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in port-authority-of-winona-minutes-affordable-housing-revitalization-jun-5-2025_c05.pdf (Minutes), dated June 5, 2025 from City of Winona. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Winona Real Estate Fund hold?

Winona Real Estate Fund 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 Winona currently buying?

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

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