Wabasha County Awards $125,840 Loan Contract to Southeastern Minnesota Multi-county Housing & Redevelopment Authority (Semmchra) (May 2025)
Wabasha CountyCounty · MN- Disclosed value
- $125,840
- From minutes
- Approved
- May 6, 2025
- Term
- 30-year
The 30-second brief
Multi-County Builders, a SEMMCHRA managed tax exempt 501(c)(3) property, awarded $125,840 in a 30-year, deferred and forgivable loan to preserve the affordability of a multi-family project in Wabasha County, Lake City, Minnesota. Awardees must utilize the funds by 12/31/2026.
Southeastern Minnesota Multi-county Housing & Redevelopment Authority (Semmchra) holds this loan contract with Wabasha County. Its other public contracts on record include work for Town of Vernon and Goodhue County.
Term as filed: 30-year.
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Contract details
- Contract type
- Loan
- Amount
- $125,840
- Document date
- May 6, 2025
- Term
- 30-year
- Vendor
- Southeastern Minnesota Multi-county Housing & Redevelopment Authority (Semmchra)
- Agency
- Wabasha County
- Source document
- wabasha-county-board-of-commissioners-meeting-minutes-may-6-2025_cdf.pdf (Minutes)
Southeastern Minnesota Multi-county Housing & Redevelopment Authority (Semmchra)'s other public contracts
More Wabasha County contracts
Questions about this contract
Who was awarded the loan contract by Wabasha County?
Southeastern Minnesota Multi-county Housing & Redevelopment Authority (Semmchra) was awarded this loan contract by Wabasha County, as recorded on May 6, 2025. The contract value is $125,840.
How much is the Southeastern Minnesota Multi-county Housing & Redevelopment Authority (Semmchra) contract with Wabasha County worth?
The Southeastern Minnesota Multi-county Housing & Redevelopment Authority (Semmchra) contract with Wabasha County is valued at $125,840, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a minutes record.
Where was this contract approved?
This contract appears in wabasha-county-board-of-commissioners-meeting-minutes-may-6-2025_cdf.pdf (Minutes), dated May 6, 2025 from Wabasha County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Wabasha County currently buying?
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