HOUSINGONGOING

Minnetonka expands support for Homes Within Reach

The City of Minnetonka continues its longstanding partnership with Homes Within Reach, committing HRA levy funds and a $1 million line of credit to support acquisition and rehabilitation of permanently affordable homes. The 2027–2031 Economic Improvement Program recommends an additional $525,000 to sustain this affordable homeownership initiative.

Document date · July 20, 2026

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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
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
$250,000 existing commitments; $525,000 projected 2027–2031
Contract type
HOUSING
Contract term
Ongoing; five-year EIP allocation 2027–2031
Renewal date
2031-12-31
Renewal
Ongoing annual EIP-based funding commitments, with $125,000 programmed for 2027 (primarily capital plus operations) and smaller amounts in later years; city also maintains a standing $1 million line of credit available to HWR.
Document type
AgendaPacket
Source document
City of Minnetonka City Council Study Session Agenda Packet 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the housing contract by City of Minnetonka?

Homes Within Reach was awarded this housing contract by City of Minnetonka, as recorded on July 20, 2026. The contract value is $250,000 existing commitments; $525,000 projected 2027–2031.

How much is the Homes Within Reach contract with City of Minnetonka worth?

The Homes Within Reach contract with City of Minnetonka is valued at $250,000 existing commitments; $525,000 projected 2027–2031, covering housing work.

What type of contract is this?

This is a Housing contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Minnetonka City Council Study Session Agenda Packet 2026-07-20 (AgendaPacket), dated July 20, 2026 from City of Minnetonka. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Homes Within Reach hold?

Homes Within Reach 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 Homes Within Reach's profile

What is City of Minnetonka currently buying?

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

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