HRA Recommends $1.394 Million Pequot Lakes Housing Loan
Crow Wing County Housing And Redevelopment AuthoritySpecial District · Brainerd, MN- Disclosed value
- $1,394,000.00
- From agendapacket
- Document date
- Jun 16, 2026
The 30-second brief
Crow Wing County HRA staff recommended a $1.394 million Housing Trust Fund loan to Lofts of Pequot Lakes, LLC for an 82-unit workforce housing development. The proposed 20-year loan carries 2% interest for the first five years and 3% thereafter, with repayment due at maturity and approval contingent on the primary construction loan closing.
Lofts of Pequot Lakes LLC holds this financial services contract with Crow Wing County Housing And Redevelopment Authority.
Term as filed: 20 years; 2% interest for years 1–5 and 3% for years 6–20.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,394,000.00
- Document date
- June 16, 2026
- Term
- 20 years; 2% interest for years 1–5 and 3% for years 6–20
- Source document
- Crow Wing County Housing and Redevelopment Authority AgendaPacket Board Meeting 2026-06-16 (AgendaPacket)
Lofts of Pequot Lakes LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Crow Wing County Housing And Redevelopment Authority?
Lofts of Pequot Lakes LLC was awarded this financial services contract by Crow Wing County Housing And Redevelopment Authority, as recorded on June 16, 2026. The contract value is $1,394,000.00.
How much is the Lofts of Pequot Lakes LLC contract with Crow Wing County Housing And Redevelopment Authority worth?
The Lofts of Pequot Lakes LLC contract with Crow Wing County Housing And Redevelopment Authority is valued at $1,394,000.00, 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 Crow Wing County Housing and Redevelopment Authority AgendaPacket Board Meeting 2026-06-16 (AgendaPacket), dated June 16, 2026 from Crow Wing County Housing And Redevelopment Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lofts of Pequot Lakes LLC hold?
Lofts of Pequot Lakes 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.
What is Crow Wing County Housing And Redevelopment Authority currently buying?
Explore Crow Wing County Housing And Redevelopment Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.