PROFESSIONAL_SERVICESRECOMMENDED

Minnetonka Updates Homes Within Reach Services Agreement

The Minnetonka Economic Development Authority is asked to approve an amended and restated housing services agreement with Homes Within Reach to govern use of $250,000 in previously approved grant funds and a $1 million line of credit. The agreement supports acquisition, rehabilitation, and administration of affordable homes for qualified buyers and will renew automatically each year unless terminated.

Document date · July 13, 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 in previous funding allocations (2023–2026) plus access to a $1 million Line of Credit (repaid in full)
Contract type
PROFESSIONAL_SERVICES
Contract term
Initial agreement term 2023–2025; amended and restated agreement with automatic annual renewal beginning after December 31, 2025, unless terminated
Renewal
Original housing services agreement covered 2023–2025 and allowed amendment and extension when funding is committed. The amended and restated agreement introduces automatic annual renewal unless terminated and provides that future funding approvals by the city council/EDA will automatically be incorporated without needing reapproval.
Document type
StaffReport
Source document
City of Minnetonka Staff Report Agreement related to Homes Within Reach 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Minnetonka?

Homes Within Reach was awarded this professional services contract by City of Minnetonka, as recorded on July 13, 2026. The contract value is $250,000 in previous funding allocations (2023–2026) plus access to a $1 million Line of Credit (repaid in full).

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 in previous funding allocations (2023–2026) plus access to a $1 million Line of Credit (repaid in full), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Minnetonka Staff Report Agreement related to Homes Within Reach 2026-07-13 (StaffReport), dated July 13, 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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