CONTRACTAPPROVED

Minnesota Climate Innovation Finance Authority | State of Minnesota Awards $3,000,000 Financial Services Contract to Neighborhood Development Center (August 2026)

Minnesota Climate Innovation Finance Authority | State of Minnesota logoMinnesota Climate Innovation Finance Authority | State of Minnesota
Disclosed value
$3,000,000
From staffreport
Approved
Aug 19, 2026
Renews
Free account

The 30-second brief

What it covers

MnCIFA approved a $3 million loan to Neighborhood Development Center for solar and geothermal HVAC components at its planned Lake and Chicago Innovation Center. The proposed financing carried a five-year term with 20-year amortization and payments beginning January 1, 2027.

Who holds it

Neighborhood Development Center holds this financial services contract with Minnesota Climate Innovation Finance Authority | State of Minnesota. Its other public contracts on record include work for Hennepin County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Minnesota Climate Innovation Finance Authority | State of Minnesota contract.

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Contract details

Contract type
Financial Services
Amount
$3,000,000
Document date
August 19, 2026
Term
Five-year term with 20-year amortization; payments deferred for one year; monthly payments beginning January 1, 2027
Renews
Free account
Source document
Minnesota Climate Innovation Finance Authority StaffReport Rescind Loan Approval to Neighborhood Development Center Lake and Chicago Innovation Center 2026-08-19 (StaffReport)

Neighborhood Development Center's other public contracts

More Minnesota Climate Innovation Finance Authority | State of Minnesota contracts

Questions about this contract

Who was awarded the financial services contract by Minnesota Climate Innovation Finance Authority | State of Minnesota?

Neighborhood Development Center was awarded this financial services contract by Minnesota Climate Innovation Finance Authority | State of Minnesota, as recorded on August 19, 2026. The contract value is $3,000,000.

How much is the Neighborhood Development Center contract with Minnesota Climate Innovation Finance Authority | State of Minnesota worth?

The Neighborhood Development Center contract with Minnesota Climate Innovation Finance Authority | State of Minnesota is valued at $3,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Minnesota Climate Innovation Finance Authority StaffReport Rescind Loan Approval to Neighborhood Development Center Lake and Chicago Innovation Center 2026-08-19 (StaffReport), dated August 19, 2026 from Minnesota Climate Innovation Finance Authority | State of Minnesota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Neighborhood Development Center hold?

Neighborhood Development Center 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 Minnesota Climate Innovation Finance Authority | State of Minnesota currently buying?

Explore Minnesota Climate Innovation Finance Authority | State of Minnesota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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