City of Falcon Heights Awards $100,000 Financial Services Contract to Fairway Commons Lp (October 2026)

Falcon Heights approved a $100,000, 30-year pass-through loan agreement with Fairway Commons, Limited Partnership. The loan uses Metropolitan Council grant funds to support the affordable housing project and will be secured by a mortgage.

Document date · October 14, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$100,000

Contract type

FINANCIAL_SERVICES

Contract term

30 years

Renewal date

2056-09-23

Renewal

30-year promissory note and mortgage; funds are due back to the City at term expiration for affordable-housing reinvestment.

Document type

AgendaPacket

Source document

City of Falcon Heights AgendaPacket 2026-1 – 14

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Other contracts from Fairway Commons Lp.

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City of Falcon Heights AgendaPacket 2026-1 – 14

APPROVED

City of Falcon Heights, MinnesotaApproximately $18 million total project financing; City loan amounts include $567,990.00 and $63,110.00 disbursement sharesOct 14, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Falcon Heights?

Fairway Commons Lp was awarded this financial services contract by City of Falcon Heights, as recorded on October 14, 2026. The contract value is $100,000.

How much is the Fairway Commons Lp contract with City of Falcon Heights worth?

The Fairway Commons Lp contract with City of Falcon Heights is valued at $100,000, 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 Falcon Heights AgendaPacket 2026-1 – 14 (AgendaPacket), dated October 14, 2026 from City of Falcon Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fairway Commons Lp hold?

Fairway Commons Lp 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 Fairway Commons Lp's profile

What is City of Falcon Heights currently buying?

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

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