Hempel Real Estate Requests $1.77M to Preserve Affordability
Town of RichfieldCity · SD- Disclosed value
- $1.77 million
- From agenda
- Document date
- Jan 14, 2025
- Term
- 15 years
The 30-second brief
Hempel Real Estate seeks $1.77M from Richfield’s Affordable Housing Trust Fund, committing to rent limits and capped resident income for 4d tax status, enhancing affordability and preserving affordable rental communities for 15 years.
Hempel Real Estate holds this financial assistance contract with Town of Richfield. Its other public contracts on record include work for City of Plymouth and City of Edina.
Term as filed: 15 years.
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Contract details
- Contract type
- Financial Assistance
- Amount
- $1.77 million
- Document date
- January 14, 2025
- Term
- 15 years
- Vendor
- Hempel Real Estate
- Agency
- Town of Richfield
- Source document
- richfield-city-council-work-session-agenda-january-14-2025_685.pdf (Agenda)
Hempel Real Estate's other public contracts
More Town of Richfield contracts
Questions about this contract
Who was awarded the financial assistance contract by Town of Richfield?
Hempel Real Estate was awarded this financial assistance contract by Town of Richfield, as recorded on January 14, 2025. The contract value is $1.77 million.
How much is the Hempel Real Estate contract with Town of Richfield worth?
The Hempel Real Estate contract with Town of Richfield is valued at $1.77 million, covering financial assistance work.
What type of contract is this?
This is a Financial Assistance contract, documented as a agenda record.
Where was this contract approved?
This contract appears in richfield-city-council-work-session-agenda-january-14-2025_685.pdf (Agenda), dated January 14, 2025 from Town of Richfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hempel Real Estate hold?
Hempel Real Estate 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 Town of Richfield currently buying?
Explore Town of Richfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.