CONTRACTAWARDED

City of Fargo Awards Construction Contract to Commonwealth Development (June 2024)

Disclosed value: $1.1 million in 9% LIHTCs, $1,558,248 in HOME, $2,852,413.21 in HTF funds; From resolution
Awarded: Jun 24, 2024

What it covers

Commonwealth Development has been awarded major tax credits and federal funds to build NEX Senior, a 40-unit affordable senior housing community in Fargo.

Who holds it

Commonwealth Development holds this construction contract with City of Fargo. Its other public contracts on record include work for City of Stevens Point and Grand Rapids Public Schools.

What happens next

Term as filed: PY2023 (award year), further development pending.

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Contract details

Contract type: Construction
Amount: $1.1 million in 9% LIHTCs, $1,558,248 in HOME, $2,852,413.21 in HTF funds
Document date: June 24, 2024
Term: PY2023 (award year), further development pending
Vendor: Commonwealth Development
Agency: City of Fargo
Source document: city_of_fargo_resolution_approving_2024_action_pla.pdf (Resolution)

Commonwealth Development's other public contracts

City of Stevens Point, WisconsinCity Approves Shopko-Site Deal With Commonwealth Development · Jul 6, 2026Undisclosed Grand Rapids Public Schools, MichiganCommittee Recommends Commonwealth Development for Stocking Site · Jun 8, 2026Undisclosed Wyoming Community Development Authority, WyomingDell Range Senior Apartments Housing Awards in Cheyenne · Jan 1, 2026 Wyoming Community Development Authority, WyomingCommonwealth Earns 2021 Credits for Dell Range Senior · Jan 1, 2026 City of Richmond, VirginiaGrant for bioanalytics lab incentives · Dec 15, 2025$127K All Commonwealth Development contractsVendor profile

More City of Fargo contracts

Cass County Electric CooperativeCity Approves Reimbursement to Cass County Electric Cooperative · Aug 3, 2026$16.4K Phillips, NadinePermanent Easement Approved With Nadine Phillips · Aug 3, 2026Undisclosed Phillips, NadinePermanent sanitary sewer easement with Nadine Phillips · Aug 3, 2026Undisclosed Master Holdings LLCMaster Holdings Wins BR-26-D2 Improvement Contract · Aug 3, 2026$841.4K North Dakota State UniversityThirteenth Amendment to NDSU–Fargodome Lease Approved · Aug 3, 2026Undisclosed All City of Fargo activityAgency profile

Questions about this contract

Who was awarded the construction contract by City of Fargo?

Commonwealth Development was awarded this construction contract by City of Fargo, as recorded on June 24, 2024. The contract value is $1.1 million in 9% LIHTCs, $1,558,248 in HOME, $2,852,413.21 in HTF funds.

How much is the Commonwealth Development contract with City of Fargo worth?

The Commonwealth Development contract with City of Fargo is valued at $1.1 million in 9% LIHTCs, $1,558,248 in HOME, $2,852,413.21 in HTF funds, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city_of_fargo_resolution_approving_2024_action_pla.pdf (Resolution), dated June 24, 2024 from City of Fargo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Commonwealth Development hold?

Commonwealth Development 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 City of Fargo currently buying?

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

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