FINANCIAL_SERVICESRECOMMENDED

RAAB Backs TIF Deal for 521 Lake Workforce Housing

The Redevelopment Agency Advisory Board recommended approval of a Tax Increment Financing Participation Agreement with Coldwater Capital LLC for the 521 Lake Street workforce housing project. The recommendation calls for 100% reimbursement of tax increment through 2035, subject to review if Redevelopment Area 2 is extended.

Document date · May 4, 2026

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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
Tax Increment Financing Participation Agreement; assistance up to 100% reimbursement through 2035
Contract type
FINANCIAL_SERVICES
Contract term
Through 2035, with potential adjustment if RDA 2 is extended
Renewal date
2035-12-31
Renewal
Financing participation runs through 2035, with a provision that if RDA 2 receives an extension the financing percentage will return to the RAAB for a revised recommendation.
Document type
AgendaPacket
Source document
Reno Redevelopment Agency Advisory Board Agenda Packet 2026-05-04

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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 Reno?

Coldwater Capital Llc was awarded this financial services contract by City of Reno, as recorded on May 4, 2026. The contract value is Tax Increment Financing Participation Agreement; assistance up to 100% reimbursement through 2035.

How much is the Coldwater Capital Llc contract with City of Reno worth?

The Coldwater Capital Llc contract with City of Reno is valued at Tax Increment Financing Participation Agreement; assistance up to 100% reimbursement through 2035, 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 Reno Redevelopment Agency Advisory Board Agenda Packet 2026-05-04 (AgendaPacket), dated May 4, 2026 from City of Reno. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Coldwater Capital Llc hold?

Coldwater Capital Llc 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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