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FINANCIAL_SERVICESPENDING

hennepin_county_housing_and_redevelopment_authorit.pdf

Trellis Co. to Receive 30-Year Forgivable Acquisition Loan

Not to exceed $1,300,000 (combined with PR00006435)Hennepin CountyTRELLIS COMPANYDecember 11, 2025

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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

Description

The Hennepin County Housing and Redevelopment Authority plans to enter into Agreement PR00006436 with Trellis Co. for a 30-year forgivable acquisition loan running from July 10, 2024 through December 31, 2059. The loan is part of a combined not-to-exceed $1,300,000 financing package supporting housing acquisition.

Contract Details

Contract Amount

Not to exceed $1,300,000 (combined with PR00006435)

Vendor

TRELLIS COMPANY

Agency

Hennepin County, MN

Contract Type

FINANCIAL_SERVICES

Document Date

December 11, 2025

Contract Term

07/10/24-12/31/59 (30-year forgivable acquisition loan)

Renewal Date

2059-12-31

Renewal Info

Long-term 30-year forgivable acquisition loan agreement; no explicit renewal options stated.

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